\nA residuary clause that does not contain a blanket-exercisable clause or specific-exercise clause manifests the power holder's intent to exercise a power of appointment only if all of the following apply:\n(1) The terms of the instrument containing the residuary clause (including any valid codicil or amendment to the instrument) do not manifest a contrary intent.\n(2) The power is a general power exercisable in favor of the power holder's estate.\n(3) There is no gift-in-default clause or the clause is ineffective.\n(4) The power holder did not release the power. (2015-205, s. 3(a).)
North Carolina Legal Code