§ 31D-3-308. Selective allocation doctrine.
51 words·~1 min read·
/nc/chapter-31d/31d-3-308A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
§ 31D-3-308. Selective allocation doctrine.
If a power holder exercises a power of appointment in a disposition that also disposes of property the power holder owns, the owned property and the appointive property must be allocated in the permissible manner that best carries out the power holder's intent. (2015-205, s. 3(a).)