Va. Code § 64.2-2705

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

Section 64.2-2705 - Governing law

Unless the terms of the instrument creating a power of appointment manifest a contrary intent:

1. The creating, revocation, or amendment of the power is governed by the law of the donor's domicile at the relevant time; and

2. The exercise, release, or disclaimer of the power, or the revocation or amendment of the exercise, release, or disclaimer of the power is governed by the law of the powerholder's domicile at the relevant time.

Va. Code § 64.2-2705

2016, c. 266.

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