North Dakota Statutes
§ 59-11-02 — (302) Representation by holder of general power of appointment
The holder of a presently exercisable general power of appointment and the persons
represented with respect to the particular question or dispute may represent and bind persons
whose interests, as permissible appointees, takers in default, or otherwise, are subject to the
power. The term "presently exercisable general power of appointment" includes a testamentary
general power of appointment having no conditions precedent to its exercise other than the
death of the holder, the validity of the holder's last will and testament, and the inclusion of a
provision in the will sufficient to exercise this power.
Free access — add to your briefcase to read the full text and ask questions with AI
North Dakota § 59-11-02 ((302) Representation by holder of general power of appointment) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Nearby Sections
15
§ 59-04.2-01
(102) Definitions§ 59-04.2-02
(103) Fiduciary duties - General principles§ 59-04.2-03
(104) Trustee's power to adjust§ 59-04.2-03.1
Judicial control of discretionary power§ 59-04.2-06
(301) When right to income begins and ends§ 59-04.2-07
(302) Apportionment of receipts and disbursements when decedent dies or income interest begins§ 59-04.2-08
(303) Apportionment when income interest ends§ 59-04.2-09
(401) Character of receipts§ 59-04.2-10
(402) Distribution from trust or estate§ 59-04.2-12
(404) Principal receipts§ 59-04.2-13
(405) Rental property§ 59-04.2-14
(406) Obligation to pay money