{"data":{"id":"us-ky/krs-390.130","jurisdiction":"us-ky","citation":"KRS 390.130","heading":"Intent to exercise -- After-acquired power.","body":"Unless the terms of the instrument exercising a power of appointment manifest a contrary\nintent:\n(1) Except as otherwise provided in subsection (2) of this section, a blanket -exercise\nclause extends to a power acquired by the powerholder after executing th e\ninstrument containing the clause; and\n(2) If the powerholder is also the donor of the power, the clause does not extend to the\npower unless there is no gift-in-default clause or it is ineffective.","path":["KRS Chapter 390"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=50121","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:22Z","sha256":"f0e0b8d8cbf63b5ecbaf136667f5c802d8d5f45a1b529ebcb026f5f90924baaa","source_id":"us-ky","stale":false,"prev":"us-ky/krs-390.120","next":"us-ky/krs-390.140"},"notice":"GroundRules: Original legal text. Not legal advice."}