72-1-109. Acts by holder of general power.
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/mt/title-72/chapter-1/part-1/72-1-109·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
72-1-109 . Acts by holder of general power. For the purpose of granting consent or approval with regard to the acts or accounts of a personal representative, including relief from liability or penalty for failure to post bond, or to perform other duties, the sole holder or all coholders of a presently exercisable general power of appointment, including one in the form of a power of amendment or revocation, are deemed to act for beneficiaries to the extent their interests (as objects, takers in default, or otherwise) are subject to the power.