D.C. Code § 19-1303.02

Representation by holder of general testamentary power of appointment

Known as the Uniform Trust Code

The act spans §§ 19–19 (95 sections).

Mar. 10, 2004, D.C

The holder of a power of appointment may represent and bind persons whose interests as permissible appointees or takers in default are subject to the power. A qualified power of appointment is a power exercisable in favor of:

(1) The power holder, the power holder’s estate, the power holder’s creditors and the creditors of the power holder’s estate; or

(2) All persons other than the power holder, the power holder’s estate, the power holder’s creditors, and the creditors of the power holder’s estate.

Official source: D.C. Law Library (Council of the District of Columbia). Reproduced from public-domain District of Columbia statutes; confirm against the official source for the current text. Not legal advice.