Utah Code § 75A-4-204

Exception to presumption of unlimited authority.

Last amended: 2024Year: 2026Length: 61 wordsOfficial source
Unless the terms of the instrument creating a power of appointment manifest a contrary intent, the power is nongeneral if: (1) the power is exercisable only at the powerholder's death; and (2) the permissible appointees of the power are a defined and limited class that does not include the powerholder's estate, the powerholder's creditors, or the creditors of the powerholder's estate.
Utah Code § 75A-4-204: Exception to presumption of unlimited authority. | Justis AI