10-3.2 – Classification of Powers of Appointment as to Kind; General and Special; Exclusive and Non-Exclusive
§ 10-3.2 Classification of powers of appointment as to kind; general and special; exclusive and non-exclusive (a) A power of appointment is: (1) general or special. (2) exclusive or non-exclusive. (b) A power of appointment is general to the extent that it is exercisable wholly in favor of the donee, his estate, his creditors or […]