                                 CODE OF VIRGINIA

QUALIFICATION OF TRUSTEES (§ 64.2-1403)

A. For the purposes of this section, the phrase &#8220;deed or other
writing&#8221; does not include a will.

B. Any trustee appointed by a deed or other writing where the deed or other
writing requires that the trustee qualify shall not act as trustee until he has
qualified before the circuit court or clerk by giving bond and taking oath that
he will perform the duties of his office. The oath may be taken on behalf of a
corporate trustee by its president or other officer.

C. Any trustee appointed by a deed or other writing where the deed or other
writing does not require that the trustee qualify may voluntarily qualify.
However, regardless of whether the deed or other writing does not require
qualification, upon the request of any interested party, the administration of
the trust shall be in the same manner as if qualification had been required by
the terms of the deed or other writing creating it.

HISTORY: 1968, c. 382, § 26-1.1; 2012, c. 614.