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Kentucky Chapter 390 — Uniform Powers of Appointment Act

37 sections hosted, reproduced from the official public-domain source.

  • KRS 390.010— Short title
  • KRS 390.020— Definitions
  • KRS 390.030— Governing law
  • KRS 390.040— Common law and principles of equity
  • KRS 390.050— Creation of power of appointment
  • KRS 390.060— Nontransferability
  • KRS 390.070— Presumption of unlimited authority
  • KRS 390.080— Exception to presumption of unlimited authority
  • KRS 390.090— Rules of classification
  • KRS 390.100— Power to revoke or amend
  • KRS 390.110— Requisites for exercise of power of appointment
  • KRS 390.120— Intent to exercise -- Determining intent from residuary clause
  • KRS 390.130— Intent to exercise -- After-acquired power
  • KRS 390.140— Substantial compliance with donor-imposed formal requirement
  • KRS 390.150— Permissible appointment
  • KRS 390.160— Appointment to deceased appointee or permissible appointee’s descendant
  • KRS 390.170— Impermissible appointment
  • KRS 390.180— Selective allocation doctrine
  • KRS 390.190— Capture doctrine -- Disposition of ineffectively appointed property under general power
  • KRS 390.200— Disposition of unappointed property under released or unexercised general power
  • KRS 390.210— Disposition of unappointed property under released or unexercised nongeneral power
  • KRS 390.220— Disposition of unappointed property if partial appointment to taker in default
  • KRS 390.230— Appointment to taker in default
  • KRS 390.240— Powerholder’s authority to revoke or amend exercise
  • KRS 390.250— Disclaimer
  • KRS 390.260— Authority to release
  • KRS 390.270— Method of release
  • KRS 390.280— Revocation or amendment of release
  • KRS 390.290— Power to contract -- Presently exercisable power of appointment
  • KRS 390.300— Power to contract -- Power of appointment not presently exercisable
  • KRS 390.310— Remedy for breach of contract to appoint or not to appoint
  • KRS 390.320— Creditor claim – General power created by powerholder
  • KRS 390.330— Creditor claim -- General power not created by powerholder
  • KRS 390.350— Creditor claim -- Nongeneral power
  • KRS 390.360— Uniformity of application and construction
  • KRS 390.370— Relation to Electronic Signatures in Global and National Commerce Act
  • KRS 390.380— Application to existing relationships