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2019 Maryland Code
Estates and Trusts
Title 4 - Wills
Subtitle 4 - Rules Relating to Legacies
§ 4-407. Exercise of power of appointment
Universal Citation:
MD Est & Trusts Code § 4-407 (2019)
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Subject to the terms of the instrument creating the power, a residuary clause in a will exercises a power of appointment held by the testator only if:
(1) An intent to exercise the power is expressly indicated in the will; or
(2) The instrument creating the power of appointment fails to provide for disposition of the subject matter of the power upon its nonexercise.
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