Limitations on trust director
Va. Code Ann. § 64.2-779.30
in effectA trust director is subject to the same rules as a trustee in a like position and under similar circumstances in the exercise or nonexercise of a power of direction or further power under subdivision B 1 of § 64.2-779.29 regarding:
1. A payback provision in the terms of a trust necessary to comply with the reimbursement requirements of Medicaid law in § 1917 of the Social Security Act, 42 U.S.C. § 1396p(d)(4)(A), as amended; and
2. A charitable interest in the trust, including notice regarding the interest to the Attorney General.
2020, c. 768 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/64.2-779.30/Fetched: 10/17/2026