                                 CODE OF VIRGINIA

DEFINITIONS (§ 64.2-2200)

As used in this chapter:
		&#8220;Co-owners with right of survivorship&#8221; includes parties to a joint
account, joint tenants, tenants by the entireties, and other co-owners of
property held under circumstances that entitle one or more to the whole of the
property or account on the death of the other or others.
		&#8220;Governing instrument&#8221; means a deed, will, trust, insurance or
annuity policy, account with POD designation, security registered in beneficiary
form (TOD), or pension, profit-sharing, retirement, or similar benefit plan;
instrument creating or exercising a power of appointment or a power of attorney;
or a donative, appointive, or nominative instrument of any other type.
		&#8220;Payor&#8221; means a trustee, insurer, business entity, employer,
government, governmental agency, subdivision, or instrumentality, or any other
person authorized or obligated by law or a governing instrument to make
payments.

HISTORY: 1994, c. 475, § 64.1-104.1; 2012, c. 614.