6.1-32.30:3 - (Repealed effective October 1, 2010) Operation and powers - Virginia Statutes

§ 6.1-32.30:3. (Repealed effective October 1, 2010) Operation and powers.

Every private trust company shall have and shall conduct its business inaccordance with an operating plan and in accordance with generally acceptedfiduciary standards. A private trust company when engaging in a private trustbusiness shall have the same rights, powers and privileges as set forth in §6.1-17, including the power to act as executor under the last will andtestament or administrator of the estate of any deceased family member.

(2003, c. 910.)