GroundRules
72-7-403: Method of release.
Where this section sits in the code
- TITLE 72. ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS
- CHAPTER 7. UNIFORM POWERS OF APPOINTMENT ACT
- Part 4. Disclaimer on Release -- Contract to Appoint or Not to Appoint
A powerholder of a releasable power of appointment may release the power in whole or in part:
(1) by substantial compliance with a method provided in the terms of the instrument creating the power; or
(2) if the terms of the instrument creating the power do not provide a method or the method provided in the terms of the instrument is not expressly made exclusive, by a writing manifesting the powerholder's intent by clear and convincing evidence.
Collected 2026-09-14T04:59:09Z. Source file · JSON