§ 64.2-2710. Exception to presumption of unlimited authority

VA Code § 64.2-2710 (2019) (N/A)
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Unless the terms of the instrument creating a power of appointment manifest a contrary intent, the power is nongeneral if:

1. The power is exercisable only at the powerholder's death; and

2. The permissible appointees of the power do not include the powerholder's estate, the powerholder's creditors, or the creditors of the powerholder's estate.

2016, c. 266.