North Carolina General Statutes § 36C-3-302 Representation by holder of power of revocation or general power of appointment

The sole holder or all coholders of a power of revocation or a presently exercisable or testamentary general power of appointment, including one in the form of a power of amendment, shall represent and bind other persons to the extent that their interests, as takers in default, are subject to the power.  (2005-192, s. 2; 2009-222, s. 2; 2010-96, s. 8.)

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Last modified: March 23, 2014