Sec. 181.082. GENERAL EXERCISE. In exercising a power, a donee may make an appointment:
(1) of present, future, or present and future interests;
(2) with conditions and limitations;
(3) with restraints on alienation;
(4) of interests to a trustee for the benefit of one or more objects of the power; and
(5) that creates any right existing under common law.
Added by Acts 2003, 78th Leg., ch. 551, Sec. 2, eff. Sept. 1, 2003.
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