N.C. Gen. Stat. § 31D-3-308

Current through Session Law 2024-58

Section 31D-3-308 - Selective allocation doctrine

If a power holder exercises a power of appointment in a disposition that also disposes of property the power holder owns, the owned property and the appointive property must be allocated in the permissible manner that best carries out the power holder's intent.

N.C. Gen. Stat. § 31D-3-308

Added by 2015 N.C. Sess. Laws 205,s. 3-a, eff. 8/11/2015.