GroundRules
72-7-313: Appointment to taker in default.
Where this section sits in the code
- TITLE 72. ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS
- CHAPTER 7. UNIFORM POWERS OF APPOINTMENT ACT
- Part 3. Exercise of Power of Appointment
If a powerholder makes an appointment to a taker in default of appointment and the appointee would have taken the property under a gift-in-default clause had the property not been appointed, the power of appointment is deemed not to have been exercised and the appointee takes under the default clause.
Collected 2026-09-14T04:59:09Z. Source file · JSON