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2020 Code of Virginia
Title 64.2 - Wills, Trusts, and Fiduciaries
Chapter 27 - Uniform Powers of Appointment Act
§ 64.2-2716. Substantial compliance with donor-imposed formal requirement
Universal Citation: VA Code § 64.2-2716 (2020)
A powerholder's substantial compliance with a formal requirement of appointment imposed by the donor, including a requirement that the instrument exercising the power of appointment make reference or specific reference to the power, is sufficient if:
1. The powerholder knows of and intends to exercise the power; and
2. The powerholder's manner of attempted exercise of the power does not impair a material purpose of the donor in imposing the requirement.
2016, c. 266.
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