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760 ILCS 3/1321

Disposition of unappointed property if partial appointment to taker in default

Known as the Uniform Powers of Appointment Law

The act spans §§ 760-3-1301 to 760-3-1336 (36 sections).

P.A. 101-48, eff. 1-1-20.

Unless the terms of the instrument creating or exercising a power of appointment manifest a contrary intent, if the powerholder makes a valid partial appointment to a taker in default of appointment, the taker in default of appointment may share fully in unappointed property.

Official source: Illinois General Assembly. Reproduced from public-domain Illinois statutes; confirm against the official source for the current text. Not legal advice.