Va. Code § 64.2-2726: Powerholder's authority to revoke or amend exercise
Where this section sits in the code
- Title 64.2. WILLS, TRUSTS, AND FIDUCIARIES
- Subtitle V. PROVISIONS APPLICABLE TO PROBATE AND NONPROBATE TRANSFERS
- Chapter 27. UNIFORM POWERS OF APPOINTMENT ACT
- Article 3. EXERCISE OF POWER OF APPOINTMENT
A powerholder may revoke or amend an exercise of a power of appointment only to the extent that:1. The powerholder reserves a power of revocation or amendment in the instrument exercising the power of appointment, and if the power is nongeneral, the terms of the instrument creating the power of appointment do not prohibit the reservation; or2. The terms of the instrument creating the power of appointment provide that the exercise is revocable or amendable.2016, c. 266.
Collected 2026-09-04T15:18:14Z. Source file · JSON