The common law of trusts and principles of equity supplement this chapter, except to the extent modified by this chapter or another statute of the Commonwealth.

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Terms Used In Virginia Code 64.2-704

  • Common law: The legal system that originated in England and is now in use in the United States. It is based on judicial decisions rather than legislative action.
  • Statute: A law passed by a legislature.

2005, c. 935, § 55-541.06; 2012, c. 614.

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