Virginia § 64.2-779.31 - Duty and liability of trust director
Full text of Virginia Code of Virginia § 64.2-779.31 — Duty and liability of trust director, with citation guidance and answers to common questions.
§ 64.2-779.31. Duty and liability of trust director
A. Subject to subsection B, with respect to a power of direction or further power under subdivision B 1 of § 64.2-779.29:
1. A trust director has the same fiduciary duty and liability in the exercise or nonexercise of the power:
a. If the power is held individually, as a sole trustee in a like position and under similar circumstances; or
b. If the power is held jointly with a trustee or another trust director, as a cotrustee in a like position and under similar circumstances; and
2. The terms of the trust may vary the trust director's duty or liability to the same extent the terms of the trust could vary the duty or liability of a trustee in a like position and under similar circumstances.
B. Unless the terms of a trust provide otherwise, if a trust director is licensed, certified, or otherwise authorized or permitted by law other than this article to provide health care in the ordinary course of the trust director's business or practice of a profession, to the extent the trust director acts in that capacity, the trust director has no duty or liability under this article.
C. The terms of a trust may impose a duty or liability on a trust director in addition to the duties and liabilities imposed under this section.
2020, c. 768.
Source: official Virginia text · Last verified 2026-08-27
Frequently Asked Questions About Virginia § 64.2-779.31
What does Code of Virginia § 64.2-779.31 cover?
Section 64.2-779.31 ("Duty and liability of trust director") is part of the Code of Virginia, the codified statutory law of Virginia. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Virginia § 64.2-779.31?
A common citation format is "Code of Virginia § 64.2-779.31" (Virginia). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Virginia law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Virginia official source linked on this page or consult a licensed Virginia attorney.
How does Virginia § 64.2-779.31 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Virginia can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Virginia.