Code of Virginia

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Code of Virginia
Title 13.1. Corporations
Chapter 13. Virginia Professional Limited Liability Company Act
11/26/2020

§ 13.1-1108. Professional law limited liability company may qualify as executor, administrator or in other fiduciary capacity.

A professional limited liability company engaged in the practice of law, as a part of the practice of law, may act as an executor, trustee or administrator of an estate, guardian for an infant, or in any other fiduciary capacity. Any member, manager, employee or agent of a professional limited liability company engaged in the practice of law who is duly licensed as an attorney in the Commonwealth may perform necessary fiduciary responsibilities on behalf of the professional limited liability company.

1992, c. 574.

The chapters of the acts of assembly referenced in the historical citation at the end of this section may not constitute a comprehensive list of such chapters and may exclude chapters whose provisions have expired.