Every business trust formed under this chapter has the purpose of engaging in any lawful business, except as otherwise may be provided by the law of this Commonwealth, unless a more limited purpose is set forth in the articles of trust.
Va. Code Ann. § 13.1-1209
Purposes
Known as the Virginia Business Trust Act
The act spans §§ 13.1-1200 to 13.1-1285 (93 sections).
2002, c. 621.
Official source: Virginia Law Portal (LIS). Reproduced from public-domain Virginia statutes; confirm against the official source for the current text. Not legal advice.