2005 North Carolina Code - General Statutes § 39-36. Necessity for actual notice of release or limitation to bind fiduciary.

Article 7.

Uniform Vendor and Purchaser Risk Act.

§ 39‑36.  Necessity for actual notice of release or limitation to bind fiduciary.

No fiduciary having possession or control of property over which a power of appointment is exercisable shall be bound or affected by any release or limitation of such power without actual notice thereof. (1943, c. 665, s. 4.)

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