Source: https://law.justia.com/codes/virginia/2018/title-6.2/chapter-10/section-6.2-1076/
Timestamp: 2019-08-23 10:25:06
Document Index: 21837213

Matched Legal Cases: ['§ 6', '§ 6', '§ 6', '§ 6', '§ 6', '§ 6']

§ 6.2-1076. Operation and powers :: 2018 Code of Virginia :: US Codes and Statutes :: US Law :: Justia
Justia › US Law › US Codes and Statutes › Code of Virginia › 2018 Code of Virginia › Title 6.2 - Financial Institutions and Services › Chapter 10 - Entities Conducting Trust Business › § 6.2-1076. Operation and powers
§ 6.2-1076. Operation and powers
Universal Citation: VA Code § 6.2-1076 (2018)
Every private trust company shall have and shall conduct its business in accordance with an operating plan and in accordance with generally accepted fiduciary standards. A private trust company when engaging in a private trust business shall have the same rights, powers, and privileges as a trust institution pursuant to § 6.2-1002, including the power to act as executor under the last will and testament or administrator of the estate of any deceased family member.
2003, c. 910, § 6.1-32.30:3; 2010, c. 794.