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Part 1 - Common Law of Powers Established With Exceptions
10-1.1 - Common Law of Powers Retained, Except as Modified by This Article - article The common law of powers as embodied in this...
Part 2 - Definitions
10-2.1 - Power - A power is an authority to do any act in...
10-2.2 - Other Words Defined - (a) Donor. A donor is the person who creates or...
Part 3 - Varieties of Powers
10-3.1 - Powers of Appointment and Other Powers - (a) This article applies to powers of appointment. A power...
10-3.2 - Classification of Powers of Appointment as to Kind; General and Special; Exclusive and Non-Exclusive - (a) A power of appointment is: (1) general or special....
10-3.3 - Classification of Powers of Appointment as to Time of Exercise; Presently Exercisable, Testamentary and Postponed - (a) A power of appointment, as to the time of...
10-3.4 - Classification of Powers of Appointment as to Duty to Exercise; Imperative and Discretionary - (a) A power of appointment is either imperative or discretionary....
Part 4 - Creation of a Power of Appointment
10-4.1 - Rules for Creation of a Power of Appointment. - (a) The donor of a power of appointment: (1) Must...
Part 5 - Extent of Donee's Authority to Appoint or Contract to Appoint an Estate in Appointive Property
10-5.1 - Scope of the Authority of the Donee - The scope of the donee's authority as to appointees and...
10-5.2 - Contract to Appoint; Power Presently Exercisable - The donee of a power of appointment which is presently...
10-5.3 - Contract to Appoint; Power Not Presently Exercisable - (a) The donee of a power of appointment which is...
10-5.4 - Priority - The interest of the donee of a power of appointment,...
Part 6 - Rules Governing Exercise of a Power of Appointment
10-6.1 - Exercise of a Power of Appointment; Manifestation of Intention of Donee - (a) Subject to paragraph (b), an effective exercise of a...
10-6.2 - Exercise of a Power of Appointment; Conformity to Directions of Donor - (a) Subject to the power of a court of competent...
10-6.3 - Exercise of a Power of Appointment; Type of Instrument - A power of appointment can be exercised only by a...
10-6.4 - Exercise of a Power of Appointment; Required Consents - (a) When the consent of the donor or of a...
10-6.5 - Exercise of Exclusive and Non-Exclusive Power of Appointment - (a) Unless the donor expressly provides otherwise: (1) The donee...
10-6.6 - Exercise of a Power of Appointment; Effect When More Extensive or Less Extensive Than Authorized; Trustee's Authority to Invade Principal in Trust. - (a) An exercise of a power of appointment is not...
10-6.7 - Exercise by All Donees; Exceptions - Whenever a power of appointment, other than a power in...
10-6.8 - Imperative Power of Appointment; Effectuation - (a) The exercise of an imperative power of appointment devolves...
10-6.9 - Exercise of a Power of Appointment in Further Trust - If the donee of a power of appointment exercises the...
Part 7 - Rights of Creditors in Appointive Property
10-7.1 - Creditors of the Donee; Special Power - Property covered by a special power of appointment (or a...
10-7.2 - Creditors of the Donee; General Power Presently Exercisable - Property covered by a general power of appointment (other than...
10-7.3 - Creditors of the Donee; Power Subject to a Condition - A general power of appointment may be created subject to...
10-7.4 - Creditors of the Donee; General Power Not Presently Exercisable - (a) Property covered by a general power of appointment which,...
Part 8 - Rule Against Perpetuities and Accumulations as Affected by Powers of Appointment
10-8.1 - Rule Against Perpetuities; Time at Which Permissible Period Begins - (a) Where an estate is created by an instrument exercising...
10-8.2 - Rule Against Perpetuities; Law Which Determines Permissible Period - period In all cases covered by 10-8.1, the permissible period...
10-8.3 - Rule Against Perpetuities; Facts to Be Considered - When the permissible period of the rule against perpetuities must...
10-8.4 - Rule Against Accumulations; Law Determining Validity in Exercise of a Power of Appointment - exercise of a power of appointment When a direction for...
Part 9 - Revocation and Release of a Power of Appointment
10-9.1 - Revocability of a Power of Appointment - (a) A power of appointment is irrevocable unless the donor...
10-9.2 - Release of a Power of Appointment - (a) Any power of appointment, whether exercisable only by deed,...
Part 10 - Provisions Affecting Powers Other Than Powers of Appointment
10-10.1 - Power to Distribute Principal or Allocate Income; Restriction on Exercise. - on exercise A power held by a person as trustee...
10-10.2 - Power to Lease in Tenant for Life; Scope - A power may be conferred upon a tenant for life...
10-10.3 - Power to Lease in Tenant for Life; Transfer and Extinguishment - The power of a tenant for life to make leases...
10-10.4 - Power to Lease in Tenant for Life; Effect of Mortgage - (a) The power of a tenant for life to make...
10-10.5 - Power to Sell in a Mortgage - Where a power to sell real property is given to...
10-10.6 - Effect of Reserved Unqualified Power to Revoke - Where a creator reserves an unqualified power of revocation, he...
10-10.7 - Exercise of Powers by Multiple Fiduciaries; Joint and Several Powers - powers Unless contrary to the express provisions of an instrument...
10-10.8 - Irrevocability of Powers Other Than Powers of Appointment - A power, other than a power of appointment, is irrevocable...