Virginia Code 64.2-2606: Disclaimer of interest by trustee
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If a trustee disclaims an interest in property that otherwise would have become trust property, the interest does not become trust property.
Terms Used In Virginia Code 64.2-2606
- Trust: means (i) an express trust, charitable or noncharitable, with additions thereto, whenever and however created; and (ii) a trust created pursuant to a statute, judgment, or decree, that requires the trust to be administered in the manner of an express trust. See Virginia Code 64.2-2600