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Code · Virginia · Title 64.2 · Chapter 27

Code of Virginia § 64.2-2732. Power to contract; presently exercisable power of appointment.

41 words·~1 min read·/va/title-64-2/chapter-27/64-2-2732

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

A powerholder of a presently exercisable power of appointment may contract:
1. Not to exercise the power; or
2. To exercise the power if the contract when made does not confer a benefit on an impermissible appointee.
2016, c. 266 .
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