N.C. Gen. Stat. § 31D-3-308

Selective allocation doctrine.

Last amended: 2015Year: 2026Length: 48 wordsOfficial source
§ 31D-3-308. Selective allocation doctrine. If a power holder exercises a power of appointment in a disposition that also disposes of property the power holder owns, the owned property and the appointive property must be allocated in the permissible manner that best carries out the power holder's intent.
N.C. Gen. Stat. § 31D-3-308: Selective allocation doctrine. | Justis AI