75A-4-308. Elective allocation doctrine.
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Effective 9/1/2024
75A-4-308. Elective allocation doctrine.
If a powerholder exercises a power of appointment in a disposition that also disposes of property the powerholder owns, the owned property and the appointive property shall be allocated in the permissible manner that best carries out the powerholder's intent.
Renumbered and Amended by Chapter 364 , 2024 General Session