Montana Statutes
§ 72-7-403 — Method Of Release
Montana·Title 72 ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS·Ch. 7 UNIFORM POWERS OF APPOINTMENT ACT·Part 4 Disclaimer on Release -- Contract to Appoint or Not to Appoint
72-7-403 . Method of release. A powerholder of a releasable power of appointment may release the power in whole or in part:
(1)by substantial compliance with a method provided in the terms of the instrument creating the power; or
(2)if the terms of the instrument creating the power do not provide a method or the method provided in the terms of the instrument is not expressly made exclusive, by a writing manifesting the powerholder's intent by clear and convincing evidence.
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Montana § 72-7-403 (Method Of Release) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
En. Sec. 27, Ch. 293, L. 2015.
Nearby Sections
15
§ 72-7-101
Short Title§ 72-7-102
Definitions§ 72-7-103
Governing Law§ 72-7-104
Common Law And Principles Of Equity§ 72-7-201
Creation Of Power Of Appointment§ 72-7-202
Nontransferability§ 72-7-203
Presumption Of Unlimited Authority§ 72-7-205
Rules Of Classification§ 72-7-206
Power To Revoke Or Amend§ 72-7-305
Permissible Appointment