§ 36C-3-302 - Representation by holder of power of revocation or general power of appointment.

NC Gen Stat § 36C-3-302 (2019) (N/A)
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36C-3-302. Representation by holder of power of revocation or general power of appointment.

The sole holder or all coholders of a power of revocation or a presently exercisable or testamentary general power of appointment, including one in the form of a power of amendment, shall represent and bind other persons to the extent that their interests, as takers in default, are subject to the power.