Legislation
- Title
- Estates and Trusts - Breach of Trust Action - Limitation Period
- Sponsored by
- Senator Ready
- Status
- Approved by the Governor - Chapter 261
- 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.
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                                        (  
14.5-105, 14.5-904                                        )
                                    
                                Last Updated: 2/3/2020 2:36 PM
                         
                

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