§ 64.2-785

Loyalty and impartiality

A. A trustee shall invest and manage the trust assets solely in the interest of the beneficiaries.

B. If a trust has two or more beneficiaries, the trustee shall act impartially in investing and managing the trust assets, taking into account any differing interests of the beneficiaries.

History

1999, c. 772, § 26-45.7; 2012, c. 614.

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