California Probate Code 670 – An exercise of a power of appointment is not void solely because it …
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An exercise of a power of appointment is not void solely because it is more extensive than authorized by the power, but is valid to the extent that the exercise was permissible under the terms of the power.
(Added by Stats. 1992, Ch. 30, Sec. 2. Effective January 1, 1993.)
Terms Used In California Probate Code 670
- Power of appointment: means a power that enables a powerholder acting in a nonfiduciary capacity to designate a recipient of an ownership interest in or another power of appointment over the appointive property. See California Probate Code 610