Va. Code § 64.2-2732

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

Section 64.2-2732 - Power to contract; presently exercisable power of appointment

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.

Va. Code § 64.2-2732

2016, c. 266.

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