Virginia Statutes
§ 64.2-424 — When direction to purchase annuity binding on legatee
Virginia § 64.2-424
JurisdictionVirginia
Title 64.2WILLS, TRUSTS, AND FIDUCIARIES
Subtitle IIWILLS AND DECEDENTS' ESTATES
Ch. 4WILLS
Art. 3CONSTRUCTION AND EFFECT
This text of Virginia § 64.2-424 (When direction to purchase annuity binding on legatee) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Va. Code Ann. § 64.2-424 (2026).
Text
If a testator directs in his will that an annuity sufficient to provide income of at least $100 per month be purchased for a legatee, the legatee who is to receive the income from the annuity shall not have the right to instead take the sum directed to be used to purchase such annuity, except to the extent that the will expressly provides for such right or that an assignable annuity be purchased.
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Legislative History
Code 1950, § 64-68.1; 1956, c. 448; 1968, c. 656, § 64.1-69; 2012, c. 614; 2014, c. 532.
Nearby Sections
15
§ 64.2-100
Definitions§ 64.2-1000
Repealed§ 64.2-1004
Repealed§ 64.2-1006
Repealed§ 64.2-1009
Repealed§ 64.2-101
Construction of generic terms§ 64.2-1012
Repealed§ 64.2-1016
Repealed§ 64.2-102
Meaning of child and related terms§ 64.2-1024
Repealed§ 64.2-103
Evidence of paternity§ 64.2-1030
Repealed§ 64.2-1033
Definitions§ 64.2-1034
Scope§ 64.2-1035
Governing lawCite This Page — Counsel Stack
Bluebook (online)
Virginia § 64.2-424, Counsel Stack Legal Research, https://law.counselstack.com/statute/va/64.2/64.2-424.