(1) A powerholder may not transfer a power of appointment.
(2) If a powerholder dies without exercising or releasing a power, the power lapses.
Utah Code § 75A-4-202
Nontransferability
Renumbered and Amended by Chapter 364, 2024 General Session
Official source: Utah State Legislature. Reproduced from public-domain Utah statutes; confirm against the official source for the current text. Not legal advice.