{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2026\/code-json\/64.2-790.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2026\/code-text\/64.2-790.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2026\/code-xml\/64.2-790.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2026\/code-html\/64.2-790.html"}],"law_id":376499,"edition_id":2,"section_id":376499,"structure_id":53535,"section_number":"64.2-790","catch_line":"Application to existing trusts","history":"1999, c. 772, \u00a7 26-45.12; 2012, c. 614.","full_text":"This article applies to trusts existing on and created after January 1, 2000. As applied to trusts existing on its effective date, this article governs only decisions or actions occurring after that date.\n\n","order_by":null,"text":{"0":{"id":1405848,"text":"This article applies to trusts existing on and created after January 1, 2000. As applied to trusts existing on its effective date, this article governs only decisions or actions occurring after that date.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":53535,"edition_id":2,"name":"Uniform Prudent Investor Act","identifier":"9","label":"article","depth":4,"order_by":10,"parent_id":53524,"metadata":{"child_laws":12,"child_structures":0},"date_created":"2026-08-02 03:17:56","date_modified":"2026-08-02 12:37:13","permalink":{"id":1501687,"object_type":"structure","relational_id":53535,"identifier":"9","token":"64.2\/III\/7\/9","url":"\/64.2\/III\/7\/9\/","edition_id":2,"permalink":0,"preferred":1}},{"id":53524,"edition_id":2,"name":"Uniform Trust Code","identifier":"7","label":"chapter","depth":3,"order_by":1,"parent_id":53428,"metadata":{"child_laws":150,"child_structures":13},"date_created":"2026-08-02 03:17:42","date_modified":"2026-08-02 12:37:10","permalink":{"id":1501109,"object_type":"structure","relational_id":53524,"identifier":"7","token":"64.2\/III\/7","url":"\/64.2\/III\/7\/","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":376489,"structure_id":53535,"section_number":"64.2-780","catch_line":"Definition of terms","url":"\/64.2-780\/","token":"64.2\/III\/7\/9\/64.2-780","metadata":false},{"id":376490,"structure_id":53535,"section_number":"64.2-781","catch_line":"Prudent investor rule","url":"\/64.2-781\/","token":"64.2\/III\/7\/9\/64.2-781","metadata":false},{"id":376491,"structure_id":53535,"section_number":"64.2-782","catch_line":"Standard of care; portfolio strategy; risk and return objectives","url":"\/64.2-782\/","token":"64.2\/III\/7\/9\/64.2-782","metadata":false},{"id":376492,"structure_id":53535,"section_number":"64.2-783","catch_line":"Diversification by trustee","url":"\/64.2-783\/","token":"64.2\/III\/7\/9\/64.2-783","metadata":false},{"id":376493,"structure_id":53535,"section_number":"64.2-784","catch_line":"Duties at inception of trusteeship","url":"\/64.2-784\/","token":"64.2\/III\/7\/9\/64.2-784","metadata":false},{"id":376494,"structure_id":53535,"section_number":"64.2-785","catch_line":"Loyalty and impartiality","url":"\/64.2-785\/","token":"64.2\/III\/7\/9\/64.2-785","metadata":{"court_decisions":""}},{"id":376495,"structure_id":53535,"section_number":"64.2-786","catch_line":"Investment costs","url":"\/64.2-786\/","token":"64.2\/III\/7\/9\/64.2-786","metadata":{"court_decisions":""}},{"id":376496,"structure_id":53535,"section_number":"64.2-787","catch_line":"Reviewing compliance","url":"\/64.2-787\/","token":"64.2\/III\/7\/9\/64.2-787","metadata":false},{"id":376497,"structure_id":53535,"section_number":"64.2-788","catch_line":"Delegation of investment and management functions","url":"\/64.2-788\/","token":"64.2\/III\/7\/9\/64.2-788","metadata":{"court_decisions":""}},{"id":376498,"structure_id":53535,"section_number":"64.2-789","catch_line":"Language invoking standard of article","url":"\/64.2-789\/","token":"64.2\/III\/7\/9\/64.2-789","metadata":false},{"id":376499,"structure_id":53535,"section_number":"64.2-790","catch_line":"Application to existing trusts","url":"\/64.2-790\/","token":"64.2\/III\/7\/9\/64.2-790","metadata":false},{"id":376500,"structure_id":53535,"section_number":"64.2-791","catch_line":"Uniformity of application and construction","url":"\/64.2-791\/","token":"64.2\/III\/7\/9\/64.2-791","metadata":false}],"previous_section":{"id":376498,"structure_id":53535,"section_number":"64.2-789","catch_line":"Language invoking standard of article","url":"\/64.2-789\/","token":"64.2\/III\/7\/9\/64.2-789","metadata":false},"next_section":{"id":376500,"structure_id":53535,"section_number":"64.2-791","catch_line":"Uniformity of application and construction","url":"\/64.2-791\/","token":"64.2\/III\/7\/9\/64.2-791","metadata":false},"metadata":false,"official_url":"https:\/\/law.lis.virginia.gov\/vacode\/64.2-790\/","history_text":"<p>This law was first created in 1999. The record of its establishment is cataloged in chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?991+ful+CHAP0772\">772<\/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. It has been modified 1 time. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. That modification is as follows: in 2012, chapter <a href=\"https:\/\/legacylis.virginia.gov\/cgi-bin\/legp604.exe?121+ful+CHAP0614\">614<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":1501729,"object_type":"law","relational_id":376499,"identifier":"64.2-790","token":"64.2\/III\/7\/9\/64.2-790","url":"\/64.2-790\/","edition_id":2,"permalink":0,"preferred":1},"url":"\/64.2-790\/","token":"64.2\/III\/7\/9\/64.2-790","dublin_core":{"Title":"Application to existing trusts","Type":"Text","Format":"text\/html","Identifier":"\u00a7 64.2-790","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t<section><p>This article applies to <span class=\"dictionary\">trusts<\/span> existing on and created after January 1, 2000. As applied to <span class=\"dictionary\">trusts<\/span> existing on its effective date, this article governs only decisions or actions occurring after that date.<\/p><\/section>","plain_text":"                                 CODE OF VIRGINIA\n\nAPPLICATION TO EXISTING TRUSTS (\u00a7 64.2-790)\n\nThis article applies to trusts existing on and created after January 1, 2000. As\napplied to trusts existing on its effective date, this article governs only\ndecisions or actions occurring after that date.\n\nHISTORY: 1999, c. 772, \u00a7 26-45.12; 2012, c. 614.","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"}}