N.C. Gen. Stat. § 31D-2-202
Nontransferability
Redline — June 1, 2021 → current.View current text →
Current — April 1, 2022
As of June 1, 2021
A power holder may not transfer a power of appointment. If a power holder dies without exercising or releasing a power, the power lapses.
A power holder may not transfer a power of appointment. If a power holder dies without exercising or releasing a power, the power lapses.
History
(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.