{"data":{"id":"us-nc/n.c.-gen.-stat.-31d-2-203","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 31D-2-203","heading":"Presumption of unlimited authority.","body":"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:\n(1)\tPresently exercisable.\n(2)\tExclusionary.\n(3)\tExcept as otherwise provided in G.S. 31D-2-204, general. (2015-205, s. 3(a).)","path":["Chapter 31D. North Carolina Uniform Powers of Appointment Act.","Article 2. Creation, Revocation, and Amendment of Power of Appointment."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_31D/GS_31D-2-203.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:00:07Z","sha256":"337745b8545367238731db5d332e9f413a03bd986587b1c59992d58ef44d59c0","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-31d-2-202","next":"us-nc/n.c.-gen.-stat.-31d-2-204"},"notice":"GroundRules: Original legal text. Not legal advice."}