Virginia Statutes
§ 64.2-794 — Damages in absence of breach
Virginia § 64.2-794
JurisdictionVirginia
Title 64.2WILLS, TRUSTS, AND FIDUCIARIES
Subtitle IIITRUSTS
Ch. 7UNIFORM TRUST CODE
Art. 10LIABILITY OF TRUSTEES AND RIGHTS OF PERSONS DEALING WITH TRUSTEE
This text of Virginia § 64.2-794 (Damages in absence of breach) 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. § 64.2-794 (2026).
Text
A.A trustee is accountable to an affected beneficiary for any profit made by the trustee arising from the administration of the trust, even absent a breach of trust.
B.Absent a breach of trust, a trustee is not liable to a beneficiary for a loss or depreciation in the value of trust property or for not having made a profit.
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Legislative History
2005, c. 935, § 55-550.03; 2012, c. 614.
Nearby Sections
15
§ 64.2-100
Definitions§ 64.2-1000
Repealed§ 64.2-1004
Repealed§ 64.2-1006
Repealed§ 64.2-1009
Repealed§ 64.2-101
Construction of generic terms§ 64.2-1012
Repealed§ 64.2-1016
Repealed§ 64.2-102
Meaning of child and related terms§ 64.2-1024
Repealed§ 64.2-103
Evidence of paternity§ 64.2-1030
Repealed§ 64.2-1033
Definitions§ 64.2-1034
Scope§ 64.2-1035
Governing lawCite This Page — Counsel Stack
Bluebook (online)
Virginia § 64.2-794, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/64.2/64.2-794.