D.C. Code § 19-1703.11: Disposition of unappointed property under released or unexercised nongeneral power.
Where this section sits in the code
- Title 19. Descent, Distribution, and Trusts. [Enacted title]
- Chapter 17. Uniform Powers of Appointment Code.
- Subchapter III. Exercise of Power of Appointment.
(a)
To the extent a powerholder releases, ineffectively exercises, or fails to exercise a nongeneral power of appointment:
(1)
The gift-in-default clause controls the disposition of the unappointed property; or
(2)
If there is no gift-in-default clause or to the extent the clause is ineffective, the unappointed property:
(A)
Passes to the permissible appointees if:
(i)
The permissible appointees are defined and limited; and
(ii)
The terms of the instrument creating the power do not manifest a contrary intent; or
(B)
If there is no taker under subparagraph (A) of this paragraph, passes under a reversionary interest to the donor or the donor's transferee or successor in interest.
Collected 2026-08-29T05:44:07Z. Source file · JSON