§ 64.2-2708 Nontransferability
A powerholder may not transfer a power of appointment. If a powerholder dies without exercising or releasing a power, the power lapses.
History
This law was first created in 2016. The record of its establishment is cataloged in chapter 266 of that year’s edition of “Acts of Assembly,” the annual state publication listing all changes made to the Code of Virginia in that year.
2016, c. 266.