Cal. Code Regs. tit. 18 § 13692.4
Current through Register 2024 Notice Reg. No. 50, December 13, 2024
Excepted from the definition of a general power of appointment is a power not exercisable by the donee of the power except in conjunction with the creator of the power. Transfer of property made subject to such a power is treated as a transfer by the creator of the power, taxability being determinable under Revenue and Taxation Code Sections 13641- 13648.
NOTE: Reference: Section 13692, Revenue and Taxation Code.
Cal. Code Regs. Tit. 18, § 13692.4