31D-2-206. Power to revoke or amend.
A donor may revoke or amend a power of appointment only to the extent that either of the following apply:
(1) The instrument creating the power is revocable by the donor.
(2) The donor reserves a power of revocation or amendment in the instrument creating the power of appointment. (2015-205, s. 3(a).)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 31D - North Carolina Uniform Powers of Appointment Act
Article 2 - Creation, Revocation, and Amendment of Power of Appointment.
§ 31D-2-201 - Creation of power of appointment.
§ 31D-2-202 - Nontransferability.
§ 31D-2-203 - Presumption of unlimited authority.
§ 31D-2-204 - Exception to presumption of unlimited authority.