Indiana Code 30-4-10-2. “Appointive property”
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Terms Used In Indiana Code 30-4-10-2
- power of appointment: means a power that enables a powerholder acting in a nonfiduciary capacity to designate a recipient of an ownership interest in or another power of appointment over the appointive property. See Indiana Code 30-4-10-20
- Property: includes personal and real property. See Indiana Code 1-1-4-5
Sec. 2. As used in this chapter, “appointive property” means the property or property interest subject to a power of appointment.
As added by P.L.161-2022, SEC.3.