Virginia § 6.2-615.1 Payment of multiple-fiduciary account

Virginia Statutes

§ 6.2-615.1 — Payment of multiple-fiduciary account

Virginia § 6.2-615.1

JurisdictionVirginia

Title 6.2Financial Institutions and Services

Subtitle IIDepository Institutions and Trust Organizations

Ch. 6Deposits and Accounts

Art. 2Multiple-Party Accounts

This text of Virginia § 6.2-615.1 (Payment of multiple-fiduciary account) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Va. Code Ann. § 6.2-615.1 (2026).

Text

Any multiple-fiduciary account may be paid, on request, (i) to any one or more fiduciaries, including any successor fiduciary upon proof showing that the successor fiduciary is duly authorized to act, or (ii) at the direction of any one or more of the fiduciaries. In determining the trustees duly authorized to act, the financial institution may rely on a certification of trust provided pursuant to § 64.2-804.

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Any multiple-fiduciary account may be paid, on request, (i) to any one or more fiduciaries, including any successor fiduciary upon proof showing that the successor fiduciary is duly authorized to act, or (ii) at the direction of any one or more of the fiduciaries. In determining the trustees duly authorized to act, the financial institution may rely on a certification of trust provided pursuant to § 64.2-804.