390.270 Method of release.
77 words·~1 min read·
/ky/chapter-390/390-270A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A powerholder of a releasable power of appointment may release the power in whole or in part:
(1)By substantial compliance with a method provided in the terms of the instrument
creating the power; or
(2)If the terms of the instrument creating the power do not provide a method or the
method provided in the terms of the instrument is not expressly made exclusive, by
a record manifesting the powerholder's intent by clear and convincing evidence.