N.C. Gen. Stat. § 31D-2-203: Presumption of unlimited authority.
Where this section sits in the code
- Chapter 31D. North Carolina Uniform Powers of Appointment Act.
- Article 2. Creation, Revocation, and Amendment of Power of Appointment.
Subject to the provisions of G.S. 31D-2-205, and unless the terms of the instrument creating a power of appointment manifest a contrary intent, the power is all of the following:
(1) Presently exercisable.
(2) Exclusionary.
(3) Except as otherwise provided in G.S. 31D-2-204, general. (2015-205, s. 3(a).)
Collected 2026-08-27T18:00:07Z. Source file · JSON