Legislation
SECTION 10-6.5
Exercise of exclusive and non-exclusive power of appointment
Estates, Powers & Trusts (EPT) CHAPTER 17-B, ARTICLE 10, PART 6
§ 10-6.5 Exercise of exclusive and non-exclusive power of appointment
(a) Unless the donor expressly provides otherwise:
(1) The donee of an exclusive power may appoint all or any part of the
appointive property to one or more of the appointees to the exclusion of
the others.
(2) The donee of a non-exclusive power must appoint in favor of all of
the appointees equally.
(a) Unless the donor expressly provides otherwise:
(1) The donee of an exclusive power may appoint all or any part of the
appointive property to one or more of the appointees to the exclusion of
the others.
(2) The donee of a non-exclusive power must appoint in favor of all of
the appointees equally.