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Va. Code § 64.2-2716

Substantial compliance with donor-imposed formal requirement

Virginia · Code of Virginia Title 64.2 — Wills, Trusts, and Fiduciaries · Status: effective

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Va. Code § 64.2-2716, Substantial compliance with donor-imposed formal requirement, Virginia, version 1 as recorded 2026-09-27, yourstate.us, https://yourstate.us/provision/1430278
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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.