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§ 64-2-779-34 — Virginia Law | CourtGPT
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Virginia Legal Code

§ 64-2-779-34

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A. Unless the terms of a trust provide otherwise:\n1. A trustee does not have a duty to:\na. Monitor a trust director; or\nb. Inform or give advice to a settlor, beneficiary, trustee, or trust director concerning an instance in which the trustee might have acted differently than the trust director; and\n2. By taking an action described in subdivision 1, a trustee does not assume the duty excluded by subdivision 1.\nB. Unless the terms of a trust provide otherwise:\n1. A trust director does not have a duty to:\na. Monitor a trustee or another trust director; or\nb. Inform or give advice to a settlor, beneficiary, trustee, or another trust director concerning an instance in which the trust director might have acted differently than a trustee or another trust director; and\n2. By taking an action described in subdivision 1, a trust director does not assume the duty excluded by subdivision 1.\n2020, c. 768.