Va. Code § 64.2-2729

Current with changes from the 2024 legislative session through ch. 845

Section 64.2-2729 - Method of release

A powerholder of a releasable power of appointment may release the power in whole or in part:

1. By substantial compliance with a method provided in the terms of the instrument creating the power; or

2. If the terms of the instrument creating the power do not provide a method or the method provided in the terms of the instrument is not expressly made exclusive, by a record manifesting the powerholder's intent by clear and convincing evidence.

Va. Code § 64.2-2729

2016, c. 266.

Added by Acts 2016 c. 266, § 1, eff. 7/1/2016.