GroundRules
← Search the law
Virginia · Through 9/4/2026 · Newer source version available

Va. Code § 64.2-2711: Rules of classification

Read at publisher ↗
Where this section sits in the code
  1. Title 64.2. WILLS, TRUSTS, AND FIDUCIARIES
  2. Subtitle V. PROVISIONS APPLICABLE TO PROBATE AND NONPROBATE TRANSFERS
  3. Chapter 27. UNIFORM POWERS OF APPOINTMENT ACT
  4. Article 2. CREATION, REVOCATION, AND AMENDMENT OF POWER OF APPOINTMENT

A. As used in this section, "adverse party" means a person with a substantial beneficial interest in property which would be affected adversely by a powerholder's exercise or nonexercise of a power of appointment in favor of the powerholder, the powerholder's estate, a creditor of the powerholder, or a creditor of the powerholder's estate.B. If a powerholder may exercise a power of appointment only with the consent or joinder of an adverse party, the power is nongeneral.C. Only a power of appointment whose permissible appointees are defined and limited can be nonexclusionary.2016, c. 266.

Collected 2026-09-04T15:18:14Z. Source file · JSON

Browse this collection