                                 CODE OF VIRGINIA

TRANSFER AUTHORIZED BY WILL OR TRUST (§ 64.2-1904)

A personal representative or trustee may make an irrevocable transfer pursuant
to § 64.2-1908 to a custodian for the benefit of a minor as authorized in the
governing will or trust. If the testator or settlor has nominated a custodian
under § 64.2-1902 to receive the custodial property, the transfer shall be made
to that person.
		If the testator or settlor has not nominated a custodian under § 64.2-1902 or
all persons so nominated as custodian die before the transfer or are unable,
decline, or are ineligible to serve, the personal representative or the trustee
shall designate the custodian from among those eligible to serve as custodian
for property of that kind under subsection A of § 64.2-1908.

HISTORY: 1988, c. 516, § 31-41; 2012, c. 614.