Subject to 72-7-204 and unless the terms of the instrument creating a power of appointment manifest a contrary intent, the power is:
(1) presently exercisable;
(2) exclusionary; and
(3) except as otherwise provided in 72-7-204, general.
Mont. Code Ann. § 72-7-203
Presumption of unlimited authority
Known as the Uniform Powers of Appointment Act
The act spans §§ 72–72 (38 sections).
En
Official source: Montana Code Annotated (Montana Legislature). Reproduced from public-domain Montana statutes; confirm against the official source for the current text. Not legal advice.