SEARCH SITE

VIRGINIA LAW PORTAL

SEARCHABLE DATABASES

ACROSS SESSIONS

Developed and maintained by the Division of Legislative Automated Systems.

1994 SESSION

  • | print version

HB 813 Fiduciaries; environmental liability.

Introduced by: W. Tayloe Murphy, Jr. | all patrons    ...    notes | add to my profiles

SUMMARY:

Fiduciaries; environmental liability. Creates a single section delineating the environmental liability of fiduciaries individually and transfers provisions of current law relating to the extent of that liability from the statute which specifies the powers granted to fiduciaries which may be incorporated by reference into a will or trust instrument. The bill provides a specific exception to the imposition of liability to ensure that a fiduciary is not held personally liable as an owner simply because he holds title to the property or as an operator because he may control the property. No change is made to the law governing the fiduciary's liability in his representative capacity.


FULL TEXT

HISTORY