§ 36C-3-302. Representation by holder of power of revocation or general power of appointment.
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§ 36C-3-302. Representation by holder of power of revocation or general power of appointment.
The sole holder or all coholders of a power of revocation or a presently exercisable or testamentary general power of appointment, including one in the form of a power of amendment, shall represent and bind other persons to the extent that their interests, as takers in default, are subject to the power. (2005-192, s. 2; 2009-222, s. 2; 2010-96, s. 8.)