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2018 Utah Code
Title 75 - Utah Uniform Probate Code
Chapter 10 - Uniform Powers of Appointment Act
Part 2 - Creation, Revocation, and Amendment of Power of Appointment
Section 205 - Rules of classification.
Universal Citation: UT Code § 75-10-205 (2018)
Effective 5/9/2017
75-10-205. Rules of classification.
Enacted by Chapter 125, 2017 General Session
75-10-205. Rules of classification.
- (1) In this section, "adverse party" means a person with a substantial beneficial interest in property that would be affected adversely by a powerholder's exercise or nonexercise of a power of appointment in favor of the powerholder, the powerholder's estate, a creditor of the powerholder, or a creditor of the powerholder's estate.
- (2) If a powerholder may exercise a power of appointment only with the consent or joinder of an adverse party, the power is nongeneral.
- (3) If the permissible appointees of a power of appointment are not defined and limited, the power is exclusionary.
Enacted by Chapter 125, 2017 General Session
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