Requisites for exercise of power of appointment
Va. Code Ann. § 64.2-2713
in effectA power of appointment is exercised only:
1. If the instrument exercising the power is valid under applicable law;
2. If the terms of the instrument exercising the power:
a. Manifest the powerholder's intent to exercise the power; and
b. Subject to § 64.2-2716 , satisfy the requirements of exercise, if any, imposed by the donor; and
3. To the extent that the appointment is a permissible exercise of the power.
2016, c. 266 .
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://law.lis.virginia.gov/vacode/64.2-2713/Fetched: 10/17/2026