GroundRules
N.C. Gen. Stat. § 31D-3-314: Power holder's authority to revoke or amend exercise.
Where this section sits in the code
- Chapter 31D. North Carolina Uniform Powers of Appointment Act.
- Article 3. Exercise of Power of Appointment.
If the terms of an instrument creating a power of appointment do not prohibit the power holder from revoking or amending an exercise of the power, a power holder may revoke or amend the exercise of a power only if one of the following apply:
(1) The instrument creating the exercise of the power of appointment may be revoked or amended.
(2) The power holder reserves a power of revocation or amendment in the instrument exercising the power of appointment. (2015-205, s. 3(a).)
Collected 2026-08-27T18:00:07Z. Source file · JSON