{"data":{"id":"us-va/va.-code-64.2-1626","jurisdiction":"us-va","citation":"Va. Code § 64.2-1626","heading":"Tangible personal property","body":"Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to tangible personal property authorizes the agent to:1. Demand, buy, receive, accept as a gift or as security for an extension of credit, or otherwise acquire or reject ownership or possession of tangible personal property or an interest in tangible personal property;2. Sell; exchange; convey with or without covenants, representations, or warranties; quitclaim; release; surrender; create a security interest in; grant options concerning; lease; sublease; or otherwise dispose of tangible personal property or an interest in tangible personal property;3. Grant a security interest in tangible personal property or an interest in tangible personal property as security to borrow money or pay, renew, or extend the time of payment of a debt of the principal or a debt guaranteed by the principal;4. Release, assign, satisfy, or enforce by litigation or otherwise, a security interest, lien, or other claim on behalf of the principal, with respect to tangible personal property or an interest in tangible personal property;5. Manage or conserve tangible personal property or an interest in tangible personal property on behalf of the principal, including:a. Insuring against liability or casualty or other loss;b. Obtaining or regaining possession of or protecting the property or interest, by litigation or otherwise;c. Paying, assessing, compromising, or contesting taxes or assessments or applying for and receiving refunds in connection with taxes or assessments;d. Moving the property from place to place;e. Storing the property for hire or on a gratuitous bailment; andf. Using and making repairs, alterations, or improvements to the property; and6. Change the form of title of an interest in tangible personal property.2010, cc. 455, 632, § 26-99; 2012, c. 614.","path":["Title 64.2. WILLS, TRUSTS, AND FIDUCIARIES","Subtitle IV. FIDUCIARIES AND GUARDIANS","Part B. POWERS OF ATTORNEY","Chapter 16. UNIFORM POWER OF ATTORNEY ACT","Article 2. AUTHORITY"],"source_url":"https://law.lis.virginia.gov/vacode/64.2-1626/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:18:14Z","sha256":"500ef6d42f5a7fc355f974b9ffe435f6da1a7da085b7f6b4a0036c1d93e4d1f6","source_id":"us-va","stale":true,"prev":"us-va/va.-code-64.2-1625","next":"us-va/va.-code-64.2-1627"},"notice":"GroundRules: Original legal text. Not legal advice."}