California Statutes

§ 634. — 634. (Amended by Stats. 2016, Ch. 81, Sec. 7.)

California·Code PROB Probate Code - PROB·Div. 2. DIVISION 2. GENERAL PROVISIONS·Part 14. PART 14. POWERS OF APPOINTMENT·Ch. 4. CHAPTER 4. Exercise of Powers of Appointment·Art. 2. ARTICLE 2. Scope of Donee’s Authority
A power of appointment created in favor of two or more powerholders can only be exercised when all of the powerholders unite in its exercise. If one or more of the powerholders dies, becomes legally incapable of exercising the power, or releases the power, the power may be exercised by the others, unless expressly prohibited by the creating instrument.

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California § 634. (634. (Amended by Stats. 2016, Ch. 81, Sec. 7.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Stats. 2016, Ch. 81, Sec. 7. (AB 2846) Effective January 1, 2017.

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