US Lawyer Database

Sec. 17. As used in this chapter, “general power of appointment” means a power of appointment exercisable in favor of:

(1) a powerholder;

(2) a powerholder’s estate;

(3) a creditor of the powerholder; or

(4) a creditor of the powerholder’s estate.

As added by P.L.161-2022, SEC.3.