CHAPTER 5. Effect of Failure to Make Effective Appointment
Chapter 5 added by Stats. 1992, Ch. 30, Sec. 2.
§§ 670–676 · 7 sections
- § 670 An exercise of a power of appointment is not void solely because it is more extensive than authorized by the power, but is valid to the extent that the…
- § 671 (a) Unless the creating instrument or the powerholder, in writing, manifests a contrary intent, where the powerholder dies without having exercised an…
- § 672 (a) Except as provided in subdivision (b), if the powerholder of a discretionary power of appointment fails to appoint the property, releases the entire power,…
- § 673 (a) Except as provided in subdivision (b), if an appointment by will or by instrument effective only at the death of the powerholder is ineffective because of…
- § 674 (a) Unless the creating instrument expressly provides otherwise, if a permissible appointee dies before the exercise of a special power of appointment, the…
- § 675 If a powerholder exercises a power of appointment in a disposition that also disposes of property the powerholder owns, the owned property and the appointive…
- § 676 Unless the terms of the instrument creating or exercising a power of appointment manifest a contrary intent, if the powerholder makes a valid partial…