(1) A powerholder’s substantial compliance with a formal requirement of appointment imposed by the donor, including a requirement that the instrument exercising the power of appointment make reference or specific reference to the power, is sufficient if: (a) The powerholder knows of and intends to exercise the power; and (b) The powerholder’s manner of attempted exercise of the power does not impair a material purpose of the donor in imposing the requirement.
C.R.S. § 15-2.5-304
Substantial compliance with donor-imposed formal requirement
Known as the Colorado Uniform Powers of Appointment Act
The act spans §§ 15-2.5-101 to 15-2.5-603 (33 sections).
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.