§ 31D-2-201 Creation of power of appointment
§ 31D-2-202 Nontransferability
§ 31D-2-203 Presumption of unlimited authority
§ 31D-2-204 Exception to presumption of unlimited authority
§ 31D-2-205 Rules of classification
§ 31D-2-206 Power to revoke or amend

Ask a will, trust or estate question, get an answer ASAP!
Thousands of highly rated, verified estate & trust lawyers.
Click here to chat with a lawyer about your rights.

Terms Used In North Carolina General Statutes > Chapter 31D > Article 2 - Creation, Revocation, and Amendment of Power of Appointment

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Donor: The person who makes a gift.
  • following: when used by way of reference to any section of a statute, shall be construed to mean the section next preceding or next following that in which such reference is made; unless when some other section is expressly designated in such reference. See North Carolina General Statutes 12-3
  • property: shall include all property, both real and personal. See North Carolina General Statutes 12-3