Code of Virginia § 64.2-2709. Presumption of unlimited authority.
44 words·~1 min read·
/va/title-64-2/chapter-27/64-2-2709A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Subject to § 64.2-2711 , and unless the terms of the instrument creating a power of appointment manifest a contrary intent, the power is:
1. Presently exercisable;
2. Exclusionary; and
3. Except as otherwise provided in § 64.2-2710 , general.
2016, c. 266 .