Utah Code § 75A-4-203

Current through the 2024 Fourth Special Session

Section 75A-4-203 - Presumption of unlimited authority

Subject to Section 75A-4-205, and unless the terms of the instrument creating a power of appointment manifest a contrary intent, the power is:

(1) presently exercisable;

(2) exclusionary; and

(3) except as otherwise provided in Section 75A-4-204, general.

Utah Code § 75A-4-203

Renumbered from § 75-10-203 and amended by Chapter 364, 2024 General Session ,§ 99, eff. 9/1/2024.

Added by Chapter 125, 2017 General Session ,§ 9, eff. 5/9/2017.