N.D. Cent. Code § 59-16.1-03

Current through 2024 Legislative Session

Section 59-16.1-03 - Power of appointment

An exercise of a power of appointment is not void if the exercise is:

1. More extensive than was authorized, but is valid to the extent authorized by the instrument creating its power; or

2. Less extensive than authorized by the instrument creating the power, unless the donor has manifested a contrary intention.

N.D.C.C. § 59-16.1-03

Added by S.L. 2017, ch. 416 (HB 1228),§ 8, eff. 8/1/2017.