§ 8.01-245.Limitation on actions upon the bond of any fiduciaries or as to suits against fiduciaries themselves; accrual of cause of action where execution sustained.

Section 8.01-245 sets the limitation framework for suing over how a fiduciary — an executor, administrator, guardian, trustee, or similar office — handled money or property. Subsection A gives a plain ten-year deadline for any action on a fiduciary’s bond, running from when the right to bring that action first accrued.

Subsection B addresses a fiduciary’s settled accounts specifically. Once a fiduciary has settled an account under Part A of Subtitle IV of Title 64.2, and regardless of whether the fiduciary gave a bond, a suit to surcharge or falsify that account, or to hold the fiduciary or sureties liable for a stated balance, must be brought within ten years after the account was confirmed. Subsection C handles a narrower accrual question: when an execution has been obtained against a personal representative or a fiduciary for a person under a disability, or when a court orders payment or delivery of estate assets after reviewing the fiduciary’s account, the cause of action accrues from the return day of the execution or from when payment or delivery could first be required under the court’s order, whichever comes first.