Exercise of Power of Appointment

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This is Article 3 of the Code of Virginia, titled “Exercise of Power of Appointment.” It is part of Chapter 27 “Uniform Powers of Appointment Act”, which is part of Subtitle V “Provisions Applicable to Probate and Nonprobate Transfers”, which is part of Title 64.2 “Wills, Trusts, and Fiduciaries”.

It’s comprised of the following 14 sections.

§ 64.2-2713	Requisites for exercise of power of appointment
§ 64.2-2714	Intent to exercise; determining intent from residuary clause
§ 64.2-2715	Intent to exercise; after-acquired power
§ 64.2-2716	Substantial compliance with donor-imposed formal requirement
§ 64.2-2717	Permissible appointment
§ 64.2-2718	Appointment to deceased appointee
§ 64.2-2719	Impermissible appointment
§ 64.2-2720	Selective allocation doctrine
§ 64.2-2721	Capture doctrine; disposition of ineffectively appointed property under general power
§ 64.2-2722	Disposition of unappointed property under released or unexercised general power
§ 64.2-2723	Disposition of unappointed property under released or unexercised nongeneral power
§ 64.2-2724	Disposition of unappointed property if partial appointment to taker in default
§ 64.2-2725	Appointment to taker in default
§ 64.2-2726	Powerholder's authority to revoke or amend exercise