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Code · North Carolina · Chapter 31D — North Carolina Uniform Powers of Appointment Act

§ 31D-4-407. Remedy for breach of contract to appoint or not to appoint.

52 words·~1 min read·/nc/chapter-31d/31d-4-407

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§ 31D-4-407. Remedy for breach of contract to appoint or not to appoint.
The remedy for a power holder's breach of a contract to appoint or not to appoint appointive property is limited to damages payable out of the appointive property or, if appropriate, specific performance of the contract. (2015-205, s. 3(a).)
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