{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/64.2-1063.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/64.2-1063.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/64.2-1063.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/64.2-1063.html"}],"law_id":375806,"edition_id":2,"section_id":375806,"structure_id":53445,"section_number":"64.2-1063","catch_line":"Other financial instrument or arrangement","history":"2022, c. 354.","full_text":"A fiduciary shall allocate receipts from or related to a financial instrument or arrangement not otherwise addressed by this chapter. The allocation must be consistent with \u00a7\u00a7 64.2-1061 and 64.2-1062.\n\n","order_by":null,"text":{"0":{"id":1403063,"text":"A fiduciary shall allocate receipts from or related to a financial instrument or arrangement not otherwise addressed by this chapter. The allocation must be consistent with \u00a7\u00a7 64.2-1061 and 64.2-1062.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":53445,"edition_id":2,"name":"Allocation of Receipts: Receipts Normally Apportioned","identifier":"6","label":"article","depth":4,"order_by":6,"parent_id":53439,"metadata":{"child_laws":9,"child_structures":0},"date_created":"2026-08-02 03:16:31","date_modified":"2026-08-02 12:37:17","permalink":{"id":1500979,"object_type":"structure","relational_id":53445,"identifier":"6","token":"64.2\/III\/10.1\/6","url":"\/64.2\/III\/10.1\/6\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53439,"edition_id":2,"name":"Uniform Fiduciary Income And Principal Act","identifier":"10.1","label":"chapter","depth":3,"order_by":4,"parent_id":53428,"metadata":{"child_laws":46,"child_structures":10},"date_created":"2026-08-02 03:16:28","date_modified":"2026-08-02 12:37:16","permalink":{"id":1500865,"object_type":"structure","relational_id":53439,"identifier":"10.1","token":"64.2\/III\/10.1","url":"\/64.2\/III\/10.1\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53428,"edition_id":2,"name":"Trusts","identifier":"III","label":"subtitle","depth":2,"order_by":3,"parent_id":53424,"metadata":{"child_laws":232,"child_structures":36},"date_created":"2026-08-02 03:16:27","date_modified":"2026-08-02 12:37:10","permalink":{"id":1500813,"object_type":"structure","relational_id":53428,"identifier":"III","token":"64.2\/III","url":"\/64.2\/III\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53424,"edition_id":2,"name":"Wills, Trusts, and Fiduciaries","identifier":"64.2","label":"title","depth":1,"order_by":136,"parent_id":null,"metadata":{"child_laws":776,"child_structures":114},"date_created":"2026-08-02 03:16:27","date_modified":"2026-08-02 12:37:05","permalink":{"id":1499783,"object_type":"structure","relational_id":53424,"identifier":"64.2","token":"64.2","url":"\/64.2\/","edition_id":2,"permalink":0,"preferred":1}}],"structure_contents":[{"id":375797,"structure_id":53445,"section_number":"64.2-1055","catch_line":"Insubstantial allocation not required","url":"\/64.2-1055\/","token":"64.2\/III\/10.1\/6\/64.2-1055","metadata":false},{"id":375798,"structure_id":53445,"section_number":"64.2-1056","catch_line":"Deferred compensation, annuity, or similar payment","url":"\/64.2-1056\/","token":"64.2\/III\/10.1\/6\/64.2-1056","metadata":false},{"id":375799,"structure_id":53445,"section_number":"64.2-1057","catch_line":"Liquidating asset","url":"\/64.2-1057\/","token":"64.2\/III\/10.1\/6\/64.2-1057","metadata":false},{"id":375800,"structure_id":53445,"section_number":"64.2-1058","catch_line":"Minerals, water, and other natural resources","url":"\/64.2-1058\/","token":"64.2\/III\/10.1\/6\/64.2-1058","metadata":false},{"id":375801,"structure_id":53445,"section_number":"64.2-1059","catch_line":"Timber","url":"\/64.2-1059\/","token":"64.2\/III\/10.1\/6\/64.2-1059","metadata":false},{"id":375803,"structure_id":53445,"section_number":"64.2-1060","catch_line":"Marital deduction property not productive of income","url":"\/64.2-1060\/","token":"64.2\/III\/10.1\/6\/64.2-1060","metadata":false},{"id":375804,"structure_id":53445,"section_number":"64.2-1061","catch_line":"Derivative or option","url":"\/64.2-1061\/","token":"64.2\/III\/10.1\/6\/64.2-1061","metadata":false},{"id":375805,"structure_id":53445,"section_number":"64.2-1062","catch_line":"Asset-backed security","url":"\/64.2-1062\/","token":"64.2\/III\/10.1\/6\/64.2-1062","metadata":false},{"id":375806,"structure_id":53445,"section_number":"64.2-1063","catch_line":"Other financial instrument or arrangement","url":"\/64.2-1063\/","token":"64.2\/III\/10.1\/6\/64.2-1063","metadata":false}],"previous_section":{"id":375805,"structure_id":53445,"section_number":"64.2-1062","catch_line":"Asset-backed security","url":"\/64.2-1062\/","token":"64.2\/III\/10.1\/6\/64.2-1062","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/64.2-1063\/","history_text":"<p>This law was first created in 2022. The record of its establishment is cataloged in chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?221+ful+CHAP0354\">354<\/a> of that year\u2019s edition of \u201cActs of Assembly,\u201d the annual state publication listing all changes made to the Code of Virginia in that year.<\/p>","references":[{"id":375789,"section_number":"64.2-1048","catch_line":"Character of receipts from entity","order_by":null,"url":"\/64.2-1048\/"},{"id":375790,"section_number":"64.2-1049","catch_line":"Distribution from trust or estate","order_by":null,"url":"\/64.2-1049\/"},{"id":375792,"section_number":"64.2-1050","catch_line":"Business or other activity conducted by fiduciary","order_by":null,"url":"\/64.2-1050\/"},{"id":375795,"section_number":"64.2-1053","catch_line":"Receipt on obligation to be paid in money","order_by":null,"url":"\/64.2-1053\/"},{"id":375799,"section_number":"64.2-1057","catch_line":"Liquidating asset","order_by":null,"url":"\/64.2-1057\/"}],"refers_to":[{"id":375804,"section_number":"64.2-1061","catch_line":"Derivative or option","order_by":null,"url":"\/64.2-1061\/"},{"id":375805,"section_number":"64.2-1062","catch_line":"Asset-backed security","order_by":null,"url":"\/64.2-1062\/"}],"permalink":{"id":1501013,"object_type":"law","relational_id":375806,"identifier":"64.2-1063","token":"64.2\/III\/10.1\/6\/64.2-1063","url":"\/64.2-1063\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/64.2-1063\/","token":"64.2\/III\/10.1\/6\/64.2-1063","dublin_core":{"Title":"Other financial instrument or arrangement","Type":"Text","Format":"text\/html","Identifier":"\u00a7 64.2-1063","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>A <span class=\"dictionary\">fiduciary<\/span> shall allocate receipts from or related to a financial instrument or arrangement not otherwise addressed by this chapter. The allocation must be consistent with \u00a7\u00a7&nbsp;<a class=\"law\" title=\"Derivative or option\" href=\"\/64.2-1061\/\">64.2-1061<\/a> and <a class=\"law\" title=\"Asset-backed security\" href=\"\/64.2-1062\/\">64.2-1062<\/a>.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nOTHER FINANCIAL INSTRUMENT OR ARRANGEMENT (\u00a7 64.2-1063)\n\nA fiduciary shall allocate receipts from or related to a financial instrument or\narrangement not otherwise addressed by this chapter. The allocation must be\nconsistent with \u00a7\u00a7 64.2-1061 and 64.2-1062.\n\nHISTORY: 2022, c. 354.","edition":{"id":2,"name":"2026","slug":"2026","date_created":"2026-07-16 18:40:23","date_modified":"2026-08-02 15:14:36","current":1,"order_by":2,"last_import":"2026-08-02 12:37:30"}}