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Virginia enacts directed trustee statute

  • McGuireWoods LLP
  • -
  • USA
  • -
  • April 26 2012

On April 4, 2012, Virginia Governor McDonnell signed into law Senate Bill 180 which, when incorporated into a trust either by the settlor or the interested parties, provides protections for a trustee when acting or not acting pursuant to the directions of a trust director