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2019 California Code
Probate Code - PROB
DIVISION 2 - GENERAL PROVISIONS
PART 14 - POWERS OF APPOINTMENT
CHAPTER 2 - Definitions; Classification of Powers of Appointment
Section 613.
Universal Citation:
CA Prob Code § 613 (2019)
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613.
A power of appointment is “imperative” where the creating instrument manifests an intent that the permissible appointees be benefited even if the powerholder fails to exercise the power. An imperative power can exist even though the powerholder has the privilege of selecting some and excluding others of the designated permissible appointees. All other powers of appointment are “discretionary.” The powerholder of a discretionary power is privileged to exercise, or not to exercise, the power as the powerholder chooses.
(Amended by Stats. 2016, Ch. 81, Sec. 3. (AB 2846) Effective January 1, 2017.)
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