Kentucky Statutes 386B.3-020 – Representation by holder of general testamentary power of appointment
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To the extent there is no conflict of interest between the holder of a general testamentary power of appointment and the persons represented with respect to the particular question or dispute, the holder may represent and bind persons whose interests, as permissible appointees, takers in default, or otherwise, are subject to the power.
Effective: July 15, 2014
History: Created 2014 Ky. Acts ch. 25, sec. 19, effective July 15, 2014.
Effective: July 15, 2014
History: Created 2014 Ky. Acts ch. 25, sec. 19, effective July 15, 2014.