72-7-306. Appointment to deceased appointee or permissible appointee's descendant.
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72-7-306 . Appointment to deceased appointee or permissible appointee's descendant.
(1)Subject to the antilapse provisions of 72-2-613 , an appointment to a deceased appointee is ineffective.
(2)Unless the terms of the instrument creating a power of appointment manifest a contrary intent, a powerholder of a nongeneral power may exercise the power in favor of or create a new power of appointment in a descendant of a deceased permissible appointee whether or not the descendant is described by the donor as a permissible appointee.