31D-5-501. Creditor claim; general power created by power holder. (a) In this section, "power of appointment created by the power holder" includes a power of appointment created in a transfer by another person to the extent the power holder contributed value to the transfer. (b) Appointive property subject to a general power of appointment created […]
31D-5-502. Creditor claim; general power not created by power holder. (a) Except as otherwise provided in subsection (b) of this section, and only when and to the extent that the power holder exercises the power, appointive property subject to a general power of appointment created by a person other than the power holder is subject […]
31D-5-503. Power to withdraw. (a) For purposes of this Article, a power to withdraw property from a trust is treated as a presently exercisable general power of appointment to the extent of the property subject to the power to withdraw. (b) The lapse, release, or waiver of a power to withdraw property from a trust […]
31D-5-504. Creditor claim; nongeneral power. (a) Except as otherwise provided in subsections (b) and (c) of this section, appointive property subject to a nongeneral power of appointment is exempt from a claim of a creditor of the power holder or the power holder’s estate. (b) Appointive property subject to a nongeneral power of appointment is […]
31D-5-505. Requisites of release as against creditors and purchasers for value. No release of a power of appointment after March 8, 1943, which is made by the owner of the legal title to real property in this State shall be valid as against creditors and purchasers for a valuable consideration until an instrument in writing […]
