Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 31d-2-205 — North Carolina Law | CourtGPT
  1. Home/
  2. Laws/
  3. North Carolina/
  4. Chapter 31d - North Carolina Uniform Powers of Appointment Act/
  5. Article 2/
  6. § 31d-2-205
North Carolina Legal Code

§ 31d-2-205

Ask AI about this
\n(a) In this section, the term 'adverse party' means a person with a substantial beneficial interest in property who would be affected adversely by a power holder's exercise or nonexercise of a power of appointment in favor of the power holder, the power holder's estate, a creditor of the power holder, or a creditor of the power holder's estate.\n(b) If a power holder may exercise a power of appointment only with the consent or joinder of an adverse party, the power is nongeneral.\n(c) If the permissible appointees of a power of appointment are not defined and limited, the power is exclusionary. (2015-205, s. 3(a).)