There is a newer version
of
this Section
2017 Pennsylvania Consolidated Statutes
Title 20 - DECEDENTS, ESTATES AND FIDUCIARIES
Chapter 76 - Powers of Appointment
Section 7601 - Definitions
Universal Citation: 20 PA Cons Stat § 7601 (2017)
§ 7601. Definitions.
The following words and phrases when used in this chapter shall have the meanings given to them in this section unless the context clearly indicates otherwise:
"Broad power of appointment." A power of appointment that the donee may exercise in favor of any one or more of the following:
(1) One or more persons selected by the donee.
(2) The donee.
(3) The donee's estate.
(4) Every person other than the donee, the donee's creditors, the donee's estate or the creditors of the donee's estate.
"Limited power of appointment." A power of appointment that is not a broad power of appointment. The term includes a power to appoint to the donee's creditors or the creditors of the donee's estate.
Disclaimer: These codes may not be the most recent version. Pennsylvania may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
