390.070 Presumption of unlimited authority.
38 words·~1 min read·
/ky/chapter-390/390-070A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Subject to KRS 390.090, and unless the terms of the instrument creating a power of appointment manifest a contrary intent, the power is:
(1)Presently exercisable;
(2)Exclusionary; and
(3)Except as otherwise provided in KRS 390.080, general.