72-7-304. Substantial compliance with donor-imposed formal requirement.
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72-7-304 . Substantial compliance with donor-imposed formal requirement. A powerholder's substantial compliance with a formal requirement of appointment imposed by the donor, including a requirement that the instrument exercising the power of appointment make reference or specific reference to the power, is sufficient if:
(1)the powerholder knows of and intends to exercise the power; and
(2)the powerholder's manner of attempted exercise of the power does not impair a material purpose of the donor in imposing the requirement.