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<law><site_title>Virginia Decoded</site_title><site_url>https://vacode.org</site_url><law_id>376149</law_id><section_number>64.2-2726</section_number><catch_line>Powerholder&amp;#8217;s authority to revoke or amend exercise</catch_line><edition url="https://vacode.org/2026/" slug="2026" current="TRUE" last_updated="2026-08-02">2026</edition><structure><unit label="title" level="1" order_by="136" identifier="64.2">Wills, Trusts, and Fiduciaries</unit><unit label="subtitle" level="2" order_by="5" identifier="V">Provisions Applicable to Probate and Nonprobate Transfers</unit><unit label="chapter" level="3" order_by="6" identifier="27">Uniform Powers of Appointment Act</unit><unit label="article" level="4" order_by="3" identifier="3">Exercise of Power of Appointment</unit></structure><text>
						<section><p>A <span class="dictionary">powerholder</span> may revoke or <span class="dictionary">amend</span> an exercise of a <span class="dictionary">power of appointment</span> only to the extent that:</p></section>
						<section id="1"><p><span class="prefix-number">1.</span> The <span class="dictionary">powerholder</span> reserves a power of <span class="dictionary">revocation</span> or amendment in the instrument exercising the <span class="dictionary">power of appointment</span>, and if the power is nongeneral, the <span class="dictionary">terms of the instrument</span> creating the <span class="dictionary">power of appointment</span> do not prohibit the reservation; or <a id="paragraph-1404474" class="section-permalink" href="https://vacode.org/64.2-2726/#1"><i class="fa fa-link"/></a></p></section>
						<section id="2"><p><span class="prefix-number">2.</span> The <span class="dictionary">terms of the instrument</span> creating the <span class="dictionary">power of appointment</span> provide that the exercise is revocable or amendable. <a id="paragraph-1404475" class="section-permalink" href="https://vacode.org/64.2-2726/#2"><i class="fa fa-link"/></a></p></section></text><history>2016, c. 266.</history><metadata></metadata></law>
