{"formats":[{"name":"JSON","format":"json","url":"\/downloads\/2025\/code-json\/64.2-424.json"},{"name":"Plain Text","format":"text","url":"\/downloads\/2025\/code-text\/64.2-424.txt"},{"name":"XML","format":"xml","url":"\/downloads\/2025\/code-xml\/64.2-424.xml"},{"name":"HTML","format":"html","url":"\/downloads\/2025\/code-html\/64.2-424.html"}],"law_id":76920,"edition_id":1,"section_id":76920,"structure_id":13982,"section_number":"64.2-424","catch_line":"When direction to purchase annuity binding on legatee","history":"Code 1950, \u00a7 64-68.1; 1956, c. 448; 1968, c. 656, \u00a7 64.1-69; 2012, c. 614; 2014, c. 532.","full_text":"If a testator directs in his will that an annuity sufficient to provide income of at least $100 per month be purchased for a legatee, the legatee who is to receive the income from the annuity shall not have the right to instead take the sum directed to be used to purchase such annuity, except to the extent that the will expressly provides for such right or that an assignable annuity be purchased.","order_by":null,"text":{"0":{"id":276071,"text":"If a testator directs in his will that an annuity sufficient to provide income of at least $100 per month be purchased for a legatee, the legatee who is to receive the income from the annuity shall not have the right to instead take the sum directed to be used to purchase such annuity, except to the extent that the will expressly provides for such right or that an assignable annuity be purchased.","type":"section","prefixes":[""],"prefix":"","entire_prefix":"","prefix_anchor":"","level":1}},"ancestry":[{"id":13982,"edition_id":1,"name":"Construction and Effect","identifier":"3","label":"article","depth":4,"order_by":1,"parent_id":13480,"metadata":{},"date_created":"2026-06-26 03:46:30","date_modified":"2026-06-26 03:46:30","permalink":{"id":273187,"object_type":"structure","relational_id":13982,"identifier":"3","token":"64.2\/II\/4\/3","url":"\/64.2\/II\/4\/3\/","edition_id":1,"permalink":0,"preferred":1}},{"id":13480,"edition_id":1,"name":"Wills","identifier":"4","label":"chapter","depth":3,"order_by":1,"parent_id":12863,"metadata":{},"date_created":"2026-06-26 03:44:58","date_modified":"2026-06-26 03:44:58","permalink":{"id":273121,"object_type":"structure","relational_id":13480,"identifier":"4","token":"64.2\/II\/4","url":"\/64.2\/II\/4\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12863,"edition_id":1,"name":"Wills and Decedents' Estates","identifier":"II","label":"subtitle","depth":2,"order_by":1,"parent_id":12723,"metadata":{},"date_created":"2026-06-26 03:43:57","date_modified":"2026-06-26 03:43:57","permalink":{"id":272911,"object_type":"structure","relational_id":12863,"identifier":"II","token":"64.2\/II","url":"\/64.2\/II\/","edition_id":1,"permalink":0,"preferred":1}},{"id":12723,"edition_id":1,"name":"Wills, Trusts, and Fiduciaries","identifier":"64.2","label":"title","depth":1,"order_by":1,"parent_id":null,"metadata":{},"date_created":"2026-06-26 03:43:50","date_modified":"2026-06-26 03:43:50","permalink":{"id":272781,"object_type":"structure","relational_id":12723,"identifier":"64.2","token":"64.2","url":"\/64.2\/","edition_id":1,"permalink":0,"preferred":1}}],"structure_contents":[{"id":85398,"structure_id":13982,"section_number":"64.2-414","catch_line":"When wills deemed to speak","url":"\/64.2-414\/","token":"64.2\/II\/4\/3\/64.2-414","metadata":false},{"id":58131,"structure_id":13982,"section_number":"64.2-415","catch_line":"How certain trust provisions, bequests, and devises to be construed; 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The record of this law\u2019s original creation isn\u2019t available online. It has been modified 4 times. Those modifications are cataloged by \u201cThe Acts of Assembly,\u201d a state publication, by year and chapter. Those modifications that can be read on the General Assembly\u2019s website will be linked accordingly. Those modifications are as follows: in 1956, chapter 448; in 1968, chapter 656; in 2012, chapter 614<\/a>; in 2014, chapter 532<\/a>.<\/p>","references":false,"refers_to":false,"permalink":{"id":273229,"object_type":"law","relational_id":76920,"identifier":"64.2-424","token":"64.2\/II\/4\/3\/64.2-424","url":"\/64.2-424\/","edition_id":1,"permalink":0,"preferred":1},"url":"\/64.2-424\/","token":"64.2\/II\/4\/3\/64.2-424","dublin_core":{"Title":"When direction to purchase annuity binding on legatee","Type":"Text","Format":"text\/html","Identifier":"\u00a7 64.2-424","Relation":"Code of Virginia"},"html":"\n\t\t\t\t\t\t

If a testator directs in his will<\/span> that an annuity sufficient to provide income of at least $100 per month be purchased for a legatee, the legatee who is to receive the income from the annuity shall not have the right to instead take the sum directed to be used to purchase such annuity, except to the extent that the will<\/span> expressly provides for such right or that an assignable annuity be purchased.<\/p><\/section>","plain_text":" CODE OF VIRGINIA\n\nWHEN DIRECTION TO PURCHASE ANNUITY BINDING ON LEGATEE (\u00a7 64.2-424)\n\nIf a testator directs in his will that an annuity sufficient to provide income\nof at least $100 per month be purchased for a legatee, the legatee who is to\nreceive the income from the annuity shall not have the right to instead take the\nsum directed to be used to purchase such annuity, except to the extent that the\nwill expressly provides for such right or that an assignable annuity be\npurchased.\n\nHISTORY: Code 1950, \u00a7 64-68.1; 1956, c. 448; 1968, c. 656, \u00a7 64.1-69; 2012, c.\n614; 2014, c. 532.","edition":{"id":1,"name":"2025","slug":"2025","date_created":"2026-06-21 22:39:22","date_modified":"2026-06-21 22:39:22","current":1,"order_by":1,"last_import":null}}