ARTICLE 5. Contracts to Appoint; Releases [660. - 662.]

Article 5 added by Stats. 1992, Ch. 30, Sec. 2.

§§ 660–662 · 3 sections

• § 660 (a) The powerholder of a power of appointment that is presently exercisable, whether general or special, can contract to make an appointment to the same extent…
• § 661 (a) Unless the creating instrument otherwise provides, a general or special power of appointment that is a discretionary power, whether testamentary or…
• § 662 (a) A release on behalf of a minor powerholder shall be made by the guardian of the estate of the minor pursuant to an order of court obtained under this…