Wisconsin § 702.205 Rules of classification.

Wisconsin Statutes

§ 702.205 — Rules of classification.

Wisconsin § 702.205

Ch. 702Uniform powers of appointment act

Subch.subch. II of ch. 702 SUBCHAPTER II

CREATION, REVOCATION, AND AMENDMENT OF POWER OF APPOINTMENT

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Bluebook

Wis. Stat. § 702.205 (2026).

Text

205
205(1) (1) In this section, “adverse party” means a person with a substantial beneficial interest in appointive property that would be affected adversely by a powerholder’s exercise or nonexercise of a power of appointment in favor of the powerholder, the powerholder’s estate, a creditor of the powerholder, or a creditor of the powerholder’s estate.
205(2) (2) If a powerholder may exercise a power of appointment only with the consent or joinder of an adverse party, the power is a nongeneral power of appointment.
205(3) (3) If the permissible appointees of a power of appointment are not defined and limited, the power is an exclusionary power of appointment.

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702.205
702.205(1) (1) In this section, “adverse party” means a person with a substantial beneficial interest in appointive property that would be affected adversely by a powerholder’s exercise or nonexercise of a power of appointment in favor of the powerholder, the powerholder’s estate, a creditor of the powerholder, or a creditor of the powerholder’s estate.
702.205(2) (2) If a powerholder may exercise a power of appointment only with the consent or joinder of an adverse party, the power is a nongeneral power of appointment.
702.205(3) (3) If the permissible appointees of a power of appointment are not defined and limited, the power is an exclusionary power of appointment.