Ky. Rev. Stat. § 390.060

Current through 2024 Ky. Acts ch. 225

Section 390.060 - Nontransferability

A powerholder may not transfer a power of appointment. If the powerholder dies without exercising or releasing the power, the power lapses.

KRS 390.060

Added by 2020 Ky. Acts ch. 41,§ 5, eff. 7/14/2020.