CODE OF VIRGINIA

DAMAGES IN ABSENCE OF BREACH (§ 64.2-794)

A. A trustee is accountable to an affected beneficiary for any profit made by
the trustee arising from the administration of the trust, even absent a breach
of trust.

B. Absent a breach of trust, a trustee is not liable to a beneficiary for a loss
or depreciation in the value of trust property or for not having made a profit.

HISTORY: 2005, c. 935, § 55-550.03; 2012, c. 614.