Code of Virginia § 64.2-2708. Nontransferability.
26 words·~1 min read·
/va/title-64-2/chapter-27/64-2-2708A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A powerholder may not transfer a power of appointment. If a powerholder dies without exercising or releasing a power, the power lapses.
2016, c. 266 .