75A-4-202. Nontransferability.
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/ut/title-75a/chapter-4/75a-4-202A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 9/1/2024
75A-4-202. Nontransferability.
(1)A powerholder may not transfer a power of appointment.
(2)If a powerholder dies without exercising or releasing a power, the power lapses.
Renumbered and Amended by Chapter 364 , 2024 General Session