\n(a) A power of appointment is created only if all of the following apply:\n(1) The instrument creating the power is valid under applicable law.\n(2) Repealed by Session Laws 2021-53, s. 4.1, effective June 25, 2021.\n(3) The terms of the instrument creating the power manifest the donor's intent to create in a power holder a power of appointment over the appointive property exercisable in favor of a permissible appointee.\n(b) Repealed by Session Laws 2021-53, s. 4.1, effective June 25, 2021.\n(c) A power of appointment may not be created in a deceased individual.\n(d) Subject to an applicable rule against perpetuities or restraint on alienation, a power of appointment may be created in an unborn or unascertained power holder. (2015-205, s. 3(a); 2021-53, s. 4.1.)
North Carolina Legal Code