Accounts of fiduciaries

Va. Code Ann. § 6.2-1176
in effect
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A savings institution may issue accounts in the name of any administrator, executor, custodian, conservator, guardian, trustee, or other fiduciary for a named beneficiary or beneficiaries. The payment of funds from any such account pursuant to a check or other written order of withdrawal signed by the fiduciary, the delivery of funds in such account to such fiduciary, or a receipt signed by any such fiduciary with regard to the payment of funds from such account, shall be a valid and sufficient release and discharge of the institution for the payment or delivery so made. 1985, c. 425, § 6.1-194.59; 2010, c. 794 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/6.2-1176/Fetched: 10/17/2026

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Va. Code Ann. § 6.2-1176 — Accounts of fiduciaries | Code of Virginia (Aug. 2026 snapshot) | Corpus