N.C. Gen. Stat. § 31D-3-313: Appointment to taker in default.
Where this section sits in the code
- Chapter 31D. North Carolina Uniform Powers of Appointment Act.
- Article 3. Exercise of Power of Appointment.
If a power holder 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, then the power of appointment is deemed not to have been exercised and the appointee takes under the clause. (2015-205, s. 3(a).)
Collected 2026-08-27T18:00:07Z. Source file · JSON