Virginia Code Title 64.2. Wills, Trusts, and Fiduciaries § 64.2-2732. Power to contract; presently exercisable power of appointment
Current as of January 01, 2020 | Updated by FindLaw Staff
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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.
Cite this article: FindLaw.com - Virginia Code Title 64.2. Wills, Trusts, and Fiduciaries § 64.2-2732. Power to contract; presently exercisable power of appointment - last updated January 01, 2020 | https://codes.findlaw.com/va/title-64-2-wills-trusts-and-fiduciaries/va-code-sect-64-2-2732.html
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