North Carolina General Statutes 31D-4-404. Revocation or amendment of release
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A power holder may revoke or amend a release of a power of appointment only to the extent that one of the following applies:
(1) The instrument of release is revocable by the power holder.
(2) The power holder reserves a power of revocation or amendment in the instrument of release. ?(2015-205, s. 3(a).)
Terms Used In North Carolina General Statutes 31D-4-404
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- following: when used by way of reference to any section of a statute, shall be construed to mean the section next preceding or next following that in which such reference is made; unless when some other section is expressly designated in such reference. See North Carolina General Statutes 12-3