§560:1-108 Acts by holder of general power. For the purpose of granting consent or approval with regard to the acts or accounts of a personal representative or trustee, including relief from liability or penalty for failure to post bond, to register a trust, or to perform other duties, and for purposes of consenting to modification or termination of a trust or to deviation from its terms, the sole holder or all co-holders of a presently exercisable general power of appointment, including one in the form of a power of amendment or revocation, are deemed to act for beneficiaries to the extent their interests (as objects, takers in default, or otherwise) are subject to the power. [L 1996, c 288, pt of §1]
Rules of Court
Trust registration, see HPR rule 127.
Section: Previous 560-1-101-to-560-1-403 560-1-102 560-1-103 560-1-104 560-1-105 560-1-106 560-1-107 560-1-108 560-1-201 560-1-301 560-1-302 560-1-303 560-1-304 560-1-305 560-1-306 NextLast modified: October 27, 2016