Exercise of Power of Appointment.

  1. Law
  2. North Carolina General Statutes
  3. North Carolina Uniform Powers of Appointment Act
  4. Exercise of Power of Appointment.

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Section
31D-3-301

Requisites for exercise of power of appointment.

Section
31D-3-302

Intent to exercise; determining intent from residuary clause.

Section
31D-3-303

Intent to exercise after-acquired power.

Section
31D-3-304

Substantial compliance with donor-imposed formal requirement.

Section
31D-3-305

Permissible appointment.

Section
31D-3-306

Appointment to deceased appointee.

Section
31D-3-307

Impermissible appointment.

Section
31D-3-308

Selective allocation doctrine.

Section
31D-3-309

Capture doctrine; disposition of ineffectively appointed property under general power.

Section
31D-3-310

Disposition of unappointed property under released or unexercised general power.

Section
31D-3-311

Disposition of unappointed property under released or unexercised nongeneral power.

Section
31D-3-312

Disposition of unappointed property if partial appointment to taker in default.

Section
31D-3-313

Appointment to taker in default.

Section
31D-3-314

Power holder's authority to revoke or amend exercise.