390.230 Appointment to taker in default.
49 words·~1 min read·
/ky/chapter-390/390-230A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If a powerholder makes an appointment to a taker in default of appointment and the appointee would have taken the property under a gift-in-default clause had the property not been appointed, the power of appointment is deemed not to have been exercised, and the appointee takes under the clause.