Utah § 75A-4-201 Creation of power of appointment.

Utah Statutes

§ 75A-4-201 — Creation of power of appointment.

Utah·Title 75A Fiduciaries·Ch. 75A-4 Uniform Powers of Appointment Act·Part 75A-4-2 Creation, Revocation, and Amendment of Power of Appointment

(1)A power of appointment is created only if:

(1)(a) the instrument creating the power is valid under applicable law; and

(1)(b) the terms of the instrument creating the power manifest the donor's intent to create in a powerholder a power of appointment over the appointive property exercisable in favor of a permissible appointee.

(2)A power of appointment may be created by the exercise of a power of appointment.

(3)A power of appointment may not be created in a deceased individual.

(4)Subject to an applicable rule against perpetuities, a power of appointment may be created in an unborn or unascertained powerholder.

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(1) A power of appointment is created only if:
(1)(a) the instrument creating the power is valid under applicable law; and
(1)(b) the terms of the instrument creating the power manifest the donor's intent to create in a powerholder a power of appointment over the appointive property exercisable in favor of a permissible appointee.
(2) A power of appointment may be created by the exercise of a power of appointment.
(3) A power of appointment may not be created in a deceased individual.
(4) Subject to an applicable rule against perpetuities, a power of appointment may be created in an unborn or unascertained powerholder.

Utah § 75A-4-201 (Creation of power of appointment.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.