Sec. 4. Unless a person exercising a power of appointment expressly renounces and surrenders the right to revoke an appointment in the instrument of appointment, the person may subsequently revoke the appointment and may periodically:
(1) exercise;
(2) revoke the exercise of; and
(3) reexercise the power of appointment.
[Pre-2002 Recodification Citation: 32-3-1-1 part.]
As added by P.L.2-2002, SEC.2.
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