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2017 Montana Code Annotated
TITLE 72. ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS
CHAPTER 7. UNIFORM POWERS OF APPOINTMENT ACT
Part 3. Exercise of Power of Appointment
72-7-304. Substantial compliance with donor-imposed formal requirement
Universal Citation: MT Code § 72-7-304 (2017)
72-7-304. Substantial compliance with donor-imposed formal requirement. A powerholder's substantial compliance with a formal requirement of appointment imposed by the donor, including a requirement that the instrument exercising the power of appointment make reference or specific reference to the power, is sufficient if:
(1) the powerholder knows of and intends to exercise the power; and
(2) the powerholder's manner of attempted exercise of the power does not impair a material purpose of the donor in imposing the requirement.
History: En. Sec. 14, Ch. 293, L. 2015.
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