Legislation
- Title
- Estates and Trusts - Breach of Trust Action - Limitation Period
- Sponsored by
- Delegates West and Kramer
- Status
- Approved by the Governor - Chapter 260
- Analysis
- Fiscal and Policy Note
Synopsis
Establishing that the terms of a trust do not prevail over certain periods of limitation in bringing a judicial action; prohibiting a beneficiary from bringing a judicial action against a trustee for breach of trust more than 1 year after the date the beneficiary or the representative of the beneficiary is sent a certain report; providing that a certain report adequately discloses the existence of a potential claim for breach of trust for certain purposes; providing that the Act does not limit certain actions; etc.
Committees
- Opposite:
- Judicial Proceedings
Details
History
Toggle History Dropdown
File Code
Toggle Filecode Dropdown
Subjects
Toggle Subjects Dropdown
Statutes
Toggle Statutes Dropdown
(
14.5-105, 14.5-904 )
Last Updated: 2/3/2020 2:30 PM