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2018 Utah Code
Title 75 - Utah Uniform Probate Code
Chapter 10 - Uniform Powers of Appointment Act
Part 3 - Exercise of Power of Appointment
Section 303 - Intent to exercise -- After-acquired power.
Universal Citation: UT Code § 75-10-303 (2018)
Effective 5/9/2017
75-10-303. Intent to exercise -- After-acquired power.
Unless the terms of the instrument exercising a power of appointment manifest a contrary intent:
Enacted by Chapter 125, 2017 General Session
75-10-303. Intent to exercise -- After-acquired power.
Unless the terms of the instrument exercising a power of appointment manifest a contrary intent:
- (1) except as otherwise provided in Subsection (2), a blanket-exercise clause extends to a power acquired by the powerholder after executing the instrument containing the clause; and
- (2) if the powerholder is also the donor of the power, the clause does not extend to the power unless there is no gift-in-default clause or the gift-in-default clause is ineffective.
Enacted by Chapter 125, 2017 General Session
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