{"data":{"id":"us-nc/n.c.-gen.-stat.-31d-3-301","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 31D-3-301","heading":"Requisites for exercise of power of appointment.","body":"A power of appointment is exercised only to the extent that the appointment is a permissible exercise of the power, and only if all of the following apply:\n(1)\tThe instrument exercising the power is valid under applicable law.\n(2)\tThe terms of the instrument exercising the power manifest the power holder's intent to exercise the power.\n(3)\tSubject to the provisions of G.S. 31D-3-304, the terms of the instrument exercising the power satisfy the requirements of exercise, if any, imposed by the donor. (2015-205, s. 3(a).)","path":["Chapter 31D. North Carolina Uniform Powers of Appointment Act.","Article 3. Exercise of Power of Appointment."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_31D/GS_31D-3-301.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:00:07Z","sha256":"fa6c216265320092a1210366212c83f46e58154b3d228ccfe1e1f36bdc84e9c6","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-31d-2-206","next":"us-nc/n.c.-gen.-stat.-31d-3-302"},"notice":"GroundRules: Original legal text. Not legal advice."}