North Carolina General Statutes 31D-4-403. Method of release
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A power holder of a releasable power of appointment may release the power in whole or in part as follows:
(1) By substantial compliance with a method provided in the terms of the instrument creating the power.
Terms Used In North Carolina General Statutes 31D-4-403
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
(2) If the terms of the instrument creating the power do not provide a method or the method provided in the terms of the instrument is not expressly made exclusive, by an instrument manifesting the power holder’s intent by clear and convincing evidence. (2015-205, s. 3(a).)