Title 75 - Utah Uniform Probate Code - Chapter 10 - Uniform Powers of Appointment Act - Part 3 - Exercise of Power of Appointment - Section 303 - Intent to exercise -- After-acquired power.

Published: 2017-05-09

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Utah Code

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Effective 5/9/2017 75-10-303 Intent to exercise -- After-acquired power.

Unless the terms of the instrument exercising a power of appointment manifest a contrary intent: (1) except as otherwise provided in Subsection (2), a blanket-exercise clause extends to a power

acquired by the powerholder after executing the instrument containing the clause; and (2) if the powerholder is also the donor of the power, the clause does not extend to the power

unless there is no gift-in-default clause or the gift-in-default clause is ineffective.

Enacted by Chapter 125, 2017 General Session