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2022 Kentucky Revised Statutes
Chapter 390 - Uniform powers of appointment act
390.110 Requisites for exercise of power of appointment.

Universal Citation: KY Rev Stat § 390.110 (2022)
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390.110 Requisites for exercise of power of appointment. A power of appointment is exercised only: (1) If the instrument exercising the power is valid under applicable law; (2) If the terms of the instrument exercising the power: (a) Manifest the powerholder's intent to exercise the power; and (b) Subject to KRS 390.150, satisfy the requirements of exercise, if any, imposed by the donor; and (3) To the extent the appointment is a permissible exercise of power. Effective: July 15, 2020 History: Created 2020 Ky. Acts ch. 41, sec. 10, effective July 15, 2020.
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