Sec. 2706.
If a governing instrument creating a power of appointment expressly requires that the power be exercised by a reference, an express reference, or a specific reference to the power or its source, it is presumed that the donor's intention, in requiring that the donee exercise the power by making reference to the particular power or to the creating instrument, was to prevent an inadvertent exercise of the power.
History: 1998, Act 386, Eff. Apr. 1, 2000 Popular Name: EPIC
Structure Michigan Compiled Laws
Chapter 700 - Estates and Protected Individuals Code
Act 386 of 1998 - Estates and Protected Individuals Code (700.1101 - 700.8206)
Article II - Intestacy, Wills, and Donative Transfers (700.2101...700.2959)
Section 700.2702 - Requirement of Survival by 120 Hours.
Section 700.2703 - Protection of Payors and Other Third Parties.
Section 700.2704 - Protection of Bona Fide Purchasers; Personal Liability of Recipient.
Section 700.2705 - Choice of Law as to Meaning and Effect of Governing Instrument.
Section 700.2706 - Power of Appointment; Meaning of Specific Reference Requirement.
Section 700.2707 - Class Gifts Construed to Accord With Intestate Succession.
Section 700.2708 - Definitions Regarding Beneficiary Designation.
Section 700.2709 - Substitute Gift.
Section 700.2710 - Multiple Substitute Gifts.
Section 700.2711 - Protection of Payors.
Section 700.2712 - Protection of Bona Fide Purchasers; Personal Liability of Recipient.
Section 700.2715 - Multiple Substitute Gifts.
Section 700.2716 - No Substitute Taker; Lapse.
Section 700.2718 - Representation; per Capita at Each Generation; per Stirpes.
Section 700.2719 - Worthier-Title Doctrine Abolished.
Section 700.2720 - Interests in “Heirs”.
Section 700.2721 - Construction as to Age of Majority.