                                 CODE OF VIRGINIA

POWER TO CONTRACT; PRESENTLY EXERCISABLE POWER OF APPOINTMENT (§ 64.2-2732)

A powerholder of a presently exercisable power of appointment may contract:

1. Not to exercise the power; or

2. To exercise the power if the contract when made does not confer a benefit on
an impermissible appointee.

HISTORY: 2016, c. 266.