Va. Code § 64.2-2733: Power to contract; power of appointment not presently exercisable
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 4. DISCLAIMER OR RELEASE; CONTRACT TO APPOINT OR NOT TO APPOINT
A powerholder of a power of appointment that is not presently exercisable may contract to exercise or not to exercise the power only if the powerholder:1. Is also the donor of the power; and2. Has reserved the power in a revocable trust.2016, c. 266.
Collected 2026-09-04T15:18:14Z. Source file · JSON