Governing law

Checkout our iOS App for a better way to browser and research.

72-7-103. Governing law. Unless the terms of the instrument creating a power of appointment manifest a contrary intent:

(1) the creation, revocation, or amendment of the power is governed by the law of the donor's domicile at the relevant time; and

(2) the exercise, release, or disclaimer of the power or the revocation or amendment of the exercise, release, or disclaimer of the power is governed by the law of the powerholder's domicile at the relevant time.

History: En. Sec. 3, Ch. 293, L. 2015.


Download our app to see the most-to-date content.