                                 CODE OF VIRGINIA

POWERHOLDER&#8217;S AUTHORITY TO REVOKE OR AMEND EXERCISE (§ 64.2-2726)

A powerholder may revoke or amend an exercise of a power of appointment only to
the extent that:

1. The powerholder reserves a power of revocation or amendment in the instrument
exercising the power of appointment, and if the power is nongeneral, the terms
of the instrument creating the power of appointment do not prohibit the
reservation; or

2. The terms of the instrument creating the power of appointment provide that
the exercise is revocable or amendable.

HISTORY: 2016, c. 266.