C.R.S. § 15-2.5-303: Intent to exercise - after-acquired power.
Where this section sits in the code
- Title 15 - PROBATE, TRUSTS, AND FIDUCIARIES
- Article 2.5 - Uniform Powers of Appointment Act
- Part 3 - EXERCISE OF POWER OF APPOINTMENT
(1) Unless the terms of the instrument exercising a power of appointment manifest a contrary intent:
(a) Except as otherwise provided in paragraph (b) of this subsection (1), a blanket-exercise clause extends to a power acquired by the powerholder after executing the instrument containing the clause; and
(b) If the powerholder is also the donor of the power, the clause does not extend to the power unless there is no gift-in-default clause or the gift-in-default clause is ineffective.
Collected 2026-09-14T18:37:45Z. Source file · JSON