75A-4-403. Method of release.
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/ut/title-75a/chapter-4/75a-4-403A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 9/1/2024
75A-4-403. Method of release.
A powerholder of a releasable power of appointment may release the power in whole or in part:
(1)by substantial compliance with a method provided in the terms of the instrument creating the power; or
(2)if the terms of the instrument creating the power do not provide a method or the method provided in the terms of the instrument is not expressly made exclusive, by a record manifesting the powerholder's intent by clear and convincing evidence.
Renumbered and Amended by Chapter 364 , 2024 General Session