Indiana Statutes

§ 30-4-10-22 — "Presently exercisable power of appointment"

Indiana § 30-4-10-22
JurisdictionIndiana
Art. 4TRUST CODE
Ch. 10Uniform Trust Decanting Act

This text of Indiana § 30-4-10-22 ("Presently exercisable power of appointment") is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 30-4-10-22 (2026).

Text

(a)As used in this chapter, "presently exercisable power of appointment" means a power of appointment exercisable by the powerholder at the relevant time.
(b)The term includes a power of appointment exercisable only after the occurrence of a specified event, the satisfaction of an ascertainable standard, or the passage of a specified time.
(c)The term does not include a power exercisable only at the powerholder's death.

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Legislative History

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

Nearby Sections

15
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Bluebook (online)
Indiana § 30-4-10-22, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/30-4-10-22.