N.C. Gen. Stat. § 31D-3-312

Current through Session Law 2024-58

Section 31D-3-312 - Disposition of unappointed property if partial appointment to taker in default

Unless the terms of the instrument creating or exercising a power of appointment manifest a contrary intent, if the power holder makes a valid partial appointment to a taker in default of appointment, then the taker in default of appointment may share fully in unappointed property.

N.C. Gen. Stat. § 31D-3-312

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