KRS 390.080: Exception to presumption of unlimited authority.
Where this section sits in the code
- KRS Chapter 390
Unless the terms of the instrument creating a power of appointment manifest a contrary
intent, the power is nongeneral if:
(1) The power is exercisable only at the powerholder's death; and
(2) The permissible appointees of the power are a defined and limit ed class that does
not include the powerholder's estate, the powerholder's creditors, or the creditors of
the powerholder's estate.
Collected 2026-09-05T20:59:22Z. Source file · JSON