10-3.4 – Classification of Powers of Appointment as to Duty to Exercise; Imperative and Discretionary

§ 10-3.4 Classification of powers of appointment as to duty to exercise;
           imperative and discretionary
  (a) A power of appointment is either imperative or discretionary.
  (b) A power of appointment is imperative if the instrument creating it
imposes  on  the  donee  a duty to exercise it, and it may be imperative
even though it is exclusive.
  (c) A power of appointment is discretionary if the donee is authorized
to exercise or not to exercise it.