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Limitation on powers (§ 6.2-1080)
2016A In the exercise of any power held by a private trust company in its capacity as a fiduciary, the private trust company shall have a duty not to exercise any power in such a way as to deprive the estate, trust, or other entity for which it acts as a . . .
Commutation in case of persons under disability (§ 55-276)
2016In any case in which under the laws of this Commonwealth provision is made for commutation in money of a life estate when all the parties interested are under no disability, such provision shall also apply when any of the parties interested are under . . .
Termination of guardianship (§ 64.2-1803)
2016Unless the guardian of a minor’s estate dies, is removed, or resigns the guardianship, the guardian shall continue in office until the minor attains the age of majority or, in the case of testamentary guardianship, until the termination of the . . .
Protection of payors, bona fide purchasers, and other third parties; personal liability of recipient (§ 64.2-2206)
2016A A payor or other third party is not liable for having made a payment or transferred an item of property or any other benefit to a beneficiary designated in a governing instrument who, under this chapter, is not entitled to the payment or item of pr . . .
Ungranted beds of bays, rivers, creeks and shores of the sea to remain in common (§ 28.2-1200)
2016All the beds of the bays, rivers, creeks and the shores of the sea within the jurisdiction of the Commonwealth, not conveyed by special grant or compact according to law, shall remain the property of the Commonwealth and may be used as a common by al . . .
Acquisition of property (§ 33.2-2915)
2016A The Authority may acquire, solely from funds provided under the provisions of this chapter, such lands, structures, properties, rights, rights-of-way, franchises, easements, and other interests in lands, including lands lying under water and ripari . . .
Exemption from taxation; authorities to be municipal corporate instrumentalities of Commonwealth (§ 15.2-6314)
2016The bonds or other securities issued by an authority, the interest thereon, and all real and personal property and any interest therein of an authority, and all income derived therefrom by an authority shall at all times be free from taxation by the . . .
When persons take per capita and when per stirpes; collaterals of the half blood (§ 64.2-202)
2016A A decedent’s estate, or each half portion of such estate when division is required by subdivision A 5 of § 64.2-200, shall, except when otherwise provided in subdivision A 1 of § 64.2-200, be divided into as many equal shares as there are ( . . .
Applicability; definitions (§ 17.1-292)
2016A The provisions of § 17.1-293 of this article shall apply to clerks of the courts of record as defined in § 1-212 and courts not of record as defined in § 16.1-69.5. B As used in this article:”Court records” means any record maintain . . .
Miscellaneous; penalties (§ 33.2-2220)
2016A Any action taken by the Commission under the provisions of this chapter may be authorized by resolution at any regular or special meeting, and each such resolution shall take effect immediately and need not be published or posted. B The project wh . . .