Arizona Revised Statutes § 14-2704 Power Of Appointment; Exercise By Reference; Presumption

14-2704. Power of appointment; exercise by reference; presumption

If a governing instrument that creates a power of appointment expressly requires that the power be exercised by a reference, an express reference or a specific reference to the power or its source, it is presumed that the donor's intention was to prevent an inadvertent exercise of the power.

Section: Previous  14-2606  14-2607  14-2608  14-2609  14-2701  14-2702  14-2703  14-2704  14-2705  14-2706  14-2707  14-2708  14-2709  14-2710  14-2711  Next

Last modified: October 13, 2016