C.R.S. § 15-2.5-306: Appointment to deceased appointee or permissible appointee's descendant.
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) An appointment to a deceased appointee is ineffective.
(2) Unless the terms of the instrument creating a power of appointment manifest a contrary intent, a powerholder of a nongeneral power may exercise the power in favor of, or create a new power of appointment in, a descendant of a deceased permissible appointee, which deceased appointee is a descendant of one or more of the grandparents of the donor, regardless of whether the descendant is described by the donor as a permissible appointee.
Collected 2026-09-14T18:37:45Z. Source file · JSON