RCW 11.95A.200: Requisites for exercise of power of appointment.

RCWs > Title 11 > Chapter 11.95A > Section 11.95A.200

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11.95A.150 << 11.95A.200 >> 11.95A.210

PDFRCW 11.95A.200

Requisites for exercise of power of appointment.

A power of appointment is exercised only:

(1) If the instrument exercising the power is valid under applicable law;

(2) If the terms of the instrument exercising the power:

(a) Manifest the powerholder's intent to exercise the power; and

(b) Subject to RCW 11.95A.230, satisfy the requirements of exercise, if any, imposed by the donor; and

(3) To the extent the appointment is a permissible exercise of the power.

[ 2021 c 140 § 3301.]