A power holder may not transfer a power of appointment. If a power holder dies without exercising or releasing a power, the power lapses.
N.C. Gen. Stat. § 31D-2-202
Nontransferability
2015-205, s. 3(a).
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.