Va. Code § 64.2-2725

Current with changes from the 2024 legislative session through ch. 845
Section 64.2-2725 - Appointment to taker in default

If a powerholder makes an appointment to a taker in default of appointment and the appointee would have taken the property under a gift-in-default clause had the property not been appointed, the power of appointment is deemed not to have been exercised and the appointee takes under the clause.

Va. Code § 64.2-2725

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