Maine § 18-B §2105 Exclusions

Maine Statutes

§ 18-B §2105 — Exclusions

Maine § 18-B §2105

Title 18-BTRUSTS

Part 2MAINE UNIFORM DIRECTED TRUST ACT

This text of Maine § 18-B §2105 (Exclusions) is published on Counsel Stack Legal Research, covering Maine primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Me. Rev. Stat. tit. 18-B, § 18-B §2105 (2026).

Text

1.Power of appointment. In this section, "power of appointment" means a power that enables a person acting in a nonfiduciary capacity to designate a recipient of an ownership interest in or another power of appointment over trust property.

2.Exclusions. This Act does not apply to a:

3.Power of direction. Unless the terms of a trust provide otherwise, a power granted to a person to designate a recipient of an ownership interest in or power of appointment over trust property that is exercisable while the person is not serving as a trustee is a power of appointment and not a power of direction.

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1.
Power of appointment.
In this section, "power of appointment" means a power that enables a person acting in a nonfiduciary capacity to designate a recipient of an ownership interest in or another power of appointment over trust property.
2.
Exclusions.
This Act does not apply to a:
3.
Power of direction.
Unless the terms of a trust provide otherwise, a power granted to a person to designate a recipient of an ownership interest in or power of appointment over trust property that is exercisable while the person is not serving as a trustee is a power of appointment and not a power of direction.