72-7-307. Impermissible appointment

MT Code § 72-7-307 (2019) (N/A)
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72-7-307. Impermissible appointment. (1) Except as otherwise provided in 72-7-306, an exercise of a power of appointment in favor of an impermissible appointee is ineffective.

(2) An exercise of a power of appointment in favor of a permissible appointee is ineffective to the extent the appointment is a fraud on the power.

History: En. Sec. 17, Ch. 293, L. 2015.