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Home » US Law » 2022 North Carolina General Statutes » Chapter 31D - North Carolina Uniform Powers of Appointment Act » Article 3 - Exercise of Power of Appointment. » § 31D-3-312 – Disposition of unappointed property if partial appointment to taker in default.

31D-3-312. Disposition of unappointed property if partial appointment to taker in default.

Unless the terms of the instrument creating or exercising a power of appointment manifest a contrary intent, if the power holder makes a valid partial appointment to a taker in default of appointment, then the taker in default of appointment may share fully in unappointed property. (2015-205, s. 3(a).)