Utah Code § 75A-4-205: Rules of classification.
Where this section sits in the code
- Title 75A Fiduciaries
- Chapter 75A-4 Uniform Powers of Appointment Act
- Part 75A-4-2 Creation, Revocation, and Amendment of Power of Appointment
(1) As used in this section, "adverse party" means a person with a substantial beneficial interest in property that would be affected adversely by a powerholder's exercise or nonexercise of a power of appointment in favor of the powerholder, the powerholder's estate, a creditor of the powerholder, or a creditor of the powerholder's estate.
(2) If a powerholder may exercise a power of appointment only with the consent or joinder of an adverse party, the power is nongeneral.
(3) If the permissible appointees of a power of appointment are not defined and limited, the power is exclusionary.
Collected 2026-09-03T11:34:34Z. Source file · JSON