N.C. Gen. Stat. § 31D-3-314

Power holder's authority to revoke or amend exercise.

Last amended: 2015Year: 2026Length: 90 wordsOfficial source
§ 31D-3-314. Power holder's authority to revoke or amend exercise. If the terms of an instrument creating a power of appointment do not prohibit the power holder from revoking or amending an exercise of the power, a power holder may revoke or amend the exercise of a power only if one of the following apply: (1) The instrument creating the exercise of the power of appointment may be revoked or amended. (2) The power holder reserves a power of revocation or amendment in the instrument exercising the power of appointment.
N.C. Gen. Stat. § 31D-3-314: Power holder's authority to revoke or amend exercise. | Justis AI