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KRS 390.030

Governing law

Known as the Uniform Powers of Appointment Act

The act spans §§ 390–390 (37 sections).

Effective: July 15, 2020 History: Created 2020 Ky

Unless the terms of the instrument creating a power of appointment manifest a contrary intent:

(1) The creation, revocation, or amendment of the power is governed by the law of the donor's domicile at the relevant time; and (2) The exercise, release, or disclaimer of the power, or the revocation or amendment of the exercise, release, or disclaimer, is governed by the law of the powerholder's domicile at the relevant time.

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