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C.R.S. § 15-2.5-303

Intent to exercise

Known as the Colorado Uniform Powers of Appointment Act

The act spans §§ 15-2.5-101 to 15-2.5-603 (33 sections).

(1) Unless the terms of the instrument exercising a power of appointment manifest a contrary intent: (a) Except as otherwise provided in paragraph (b) of this subsection (1), a blanket-exercise clause extends to a power acquired by the powerholder after executing the instrument containing the clause; and (b) If the powerholder is also the donor of the power, the clause does not extend to the power unless there is no gift-in-default clause or the gift-in-default clause is ineffective.

Digitized from: Public.Law — Colorado Revised Statutes. Reproduced from public-domain Colorado statutes; confirm against the official source for the current text. Not legal advice.