Va. Code Ann. § 64.2-2719 – Impermissible appointment | Midpage
§ 64.2-2719
Va. Code Ann. § 64.2-2719
Impermissible appointment
Effective Jul 1, 20162016, c. 266.
A. An exercise of a power of appointment in favor of an impermissible appointee is ineffective.
B. An exercise of a power of appointment in favor of a permissible appointee is ineffective to the extent that the appointment is a fraud on the power.