Chapter 27. Uniform Powers of Appointment ActRead Chapter
- Article 1. General ProvisionsRead all
- § 64.2-2700
- Definitions
- § 64.2-2701
- Repealed
- § 64.2-2705
- Governing law
- § 64.2-2706
- Common law and principles of equity
- Article 2. Creation, Revocation, and Amendment of Power of AppointmentRead all
- § 64.2-2707
- Creation of power of appointment
- § 64.2-2708
- Nontransferability
- § 64.2-2709
- Presumption of unlimited authority
- § 64.2-2710
- Exception to presumption of unlimited authority
- § 64.2-2711
- Rules of classification
- § 64.2-2712
- Power to revoke or amend
- Article 3. Exercise of Power of AppointmentRead all
- § 64.2-2713
- Requisites for exercise of power of appointment
- § 64.2-2714
- Intent to exercise; determining intent from residuary clause
- § 64.2-2715
- Intent to exercise; after-acquired power
- § 64.2-2716
- Substantial compliance with donor-imposed formal requirement
- § 64.2-2717
- Permissible appointment
- § 64.2-2718
- Appointment to deceased appointee
- § 64.2-2719
- Impermissible appointment
- § 64.2-2720
- Selective allocation doctrine
- § 64.2-2721
- Capture doctrine; disposition of ineffectively appointed property under general power
- § 64.2-2722
- Disposition of unappointed property under released or unexercised general power
- § 64.2-2723
- Disposition of unappointed property under released or unexercised nongeneral power
- § 64.2-2724
- Disposition of unappointed property if partial appointment to taker in default
- § 64.2-2725
- Appointment to taker in default
- § 64.2-2726
- Powerholder's authority to revoke or amend exercise
- Article 4. Disclaimer or Release; Contract to Appoint or Not to AppointRead all
- § 64.2-2727
- Disclaimer
- § 64.2-2728
- Authority to release
- § 64.2-2729
- Method of release
- § 64.2-2730
- Notice of release; recordation; fee
- § 64.2-2731
- Revocation or amendment of release
- § 64.2-2732
- Power to contract; presently exercisable power of appointment
- § 64.2-2733
- Power to contract; power of appointment not presently exercisable
- § 64.2-2734
- Remedy for breach of contract to appoint or not to appoint
- Article 5. Right of Powerholder's Creditors in Appointive PropertyRead all
- § 64.2-2735
- Creditor claim; general power created by powerholder
- § 64.2-2736
- Creditor claim; general power not created by powerholder
- § 64.2-2737
- Power to withdraw
- § 64.2-2738
- Creditor claim; nongeneral power
- Article 6. Miscellaneous ProvisionsRead all
- § 64.2-2739
- Uniformity of application and construction
- § 64.2-2740
- Relation to Electronic Signatures in Global and National Commerce Act
- § 64.2-2741
- Application to existing relationships
