CODE OF VIRGINIA

APPOINTMENT TO TAKER IN DEFAULT (§ 64.2-2725)

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.

HISTORY: 2016, c. 266.