10 Va. Admin. Code § 5-22-120 - Services by affiliate

Current through Register Vol.. 38, No. 17, April 11, 2022

When a service is provided to a trust account by an affiliate of a trust company, the service must be allowed under the terms of the governing instrument, by a court or by law, and must be justified by readily available documents relating to the specific account.

Notes

10 Va. Admin. Code § 5-22-120
Derived from VR225-01-0205 § 12, eff. April 20, 1995.

Statutory Authority

§ 6.2-1034 of the Code of Virginia.

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