Section 204 - Exception to presumption of unlimited authority.

UT Code § 75-10-204 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

(1) the power is exercisable only at the powerholder's death; and

(2) the permissible appointees of the power are a defined and limited class that does not include the powerholder's estate, the powerholder's creditors, or the creditors of the powerholder's estate.