CODE OF VIRGINIA

METHOD OF RELEASE (§ 64.2-2729)

A powerholder of a releasable power of appointment may release the power in
whole or in part:

   1.  By substantial compliance with a method provided in the terms of the
   instrument creating the power; or

   2.  If the terms of the instrument creating the power do not provide a method
   or the method provided in the terms of the instrument is not expressly made
   exclusive, by a record manifesting the powerholder’s intent by clear and
   convincing evidence.

HISTORY: 2016, c. 266.