{"data":{"id":"us-va/va.-code-64.2-2723","jurisdiction":"us-va","citation":"Va. Code § 64.2-2723","heading":"Disposition of unappointed property under released or unexercised nongeneral power","body":"To the extent that a powerholder releases, ineffectively exercises, or fails to exercise a nongeneral power of appointment:1. The gift-in-default clause controls the disposition of the unappointed property; or2. If there is no gift-in-default clause or to the extent that the clause is ineffective, the unappointed property:a. Passes to the permissible appointees if:(1) The permissible appointees are defined and limited; and(2) The terms of the instrument creating the power do not manifest a contrary intent; orb. If there is no taker under subdivision 2 a, passes under a reversionary interest to the donor or the donor's transferee or successor in interest.2016, c. 266.","path":["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"],"source_url":"https://law.lis.virginia.gov/vacode/64.2-2723/","current_through":"9/4/2026","vintage":"","retrieved_at":"2026-09-04T15:18:14Z","sha256":"40631b9685b297dabaf02c467d473adc129d0a889d288eaca3b84d2db09062c8","source_id":"us-va","stale":true,"prev":"us-va/va.-code-64.2-2722","next":"us-va/va.-code-64.2-2724"},"notice":"GroundRules: Original legal text. Not legal advice."}