78737764.2-803Virginia Decodedhttps://vacode.org2016Wills, Trusts, And FiduciariesTrustsUniform Trust CodeLiability Of Trustees And Rights Of Persons Dealing With Trustee.Protection of person dealing with trustee2005, c. 935, § 55-550.12; 2012, c. 614.http://law.lis.virginia.gov/vacode/64.2-803//64.2-803/64.2/III/7/10/64.2-80364.2-764A person who in good faith delivers assets to a trustee need not ensure their proper application.sectionCC1A person other than a beneficiary who in good faith assists a former trustee, or who in good faith and for value deals with a former trustee, without knowledge that the trusteeship has terminated is protected from liability as if the former trustee were still a trustee.sectionDD1Comparable protective provisions of other laws relating to commercial transactions or transfer of securities by fiduciaries prevail over the protection provided by this section.sectionEE1