There is a newer version of the Code of Virginia
2014 Virginia Code
Title 64.2 - Wills, Trusts, and Fiduciaries
§ 64.2-794. Damages in absence of breach
VA Code § 64.2-794 (2014) What's This?
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.
2005, c. 935, ยง 55-550.03; 2012, c. 614.
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