Arizona Statutes
§ 14-2704 — Power of appointment; exercise by reference; presumption
Arizona·Title 14 Arizona Revised Statutes·Ch. 2 INTESTATE SUCCESSION AND WILLS·Art. 7 Governing Instruments
If a governing instrument that creates a power of appointment expressly requires that the power be exercised by a reference, an express reference or a specific reference to the power or its source, it is presumed that the donor's intention was to prevent an inadvertent exercise of the power.
Free access — add to your briefcase to read the full text and ask questions with AI
Arizona § 14-2704 (Power of appointment; exercise by reference; presumption) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Wetherill v. Basham
3 P.3d 1118 (Court of Appeals of Arizona, 2000)
Nearby Sections
15
§ 14-10001
Short title§ 14-10002
Definitions§ 14-10003
Scope of chapter§ 14-10004
Chapter supplemented by other law§ 14-10008
Disclaimer of interest by trustee§ 14-10012
Delivery or filing; definition§ 14-10013
When disclaimer barred or limited§ 14-10014
Tax qualified disclaimer§ 14-10015
Recording of disclaimer