N.C. Gen. Stat. § 36C-3-302
Representation by holder of power of revocation or general power of appointment
Redline — June 1, 2021 → current.View current text →
Current — April 1, 2022
As of June 1, 2021
The sole holder or all coholders of a power of revocation or a presently exercisable or testamentary general power of appointment, including one in the form of a power of amendment, shall represent and bind other persons to the extent that their interests, as takers in default, are subject to the power.
The sole holder or all coholders of a power of revocation or a presently exercisable or testamentary general power of appointment, including one in the form of a power of amendment, shall represent and bind other persons to the extent that their interests, as takers in default, are subject to the power.
History
(2005-192, s. 2; 2009-222, s. 2; 2010-96, s. 8.)
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.