To the extent there is no material conflict of interest between the holder of a power of appointment and the persons represented with respect to the particular question or dispute, the holder may represent and bind persons whose interests, as permissible appointees, takers in default, or otherwise, are subject to the power.
Miss. Code Ann. § 91-8-302
Representation by holder of power of appointment
Known as the Mississippi Uniform Trust Code
The act spans §§ 91–91 (104 sections).
Laws, 2014, ch. 421, § 19, eff from and after July 1, 2014.
Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.