Utah Code 75-10-206. Donor’s power to revoke or amend
Current as of: 2023 | Check for updates
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Terms Used In Utah Code 75-10-206
- Donor: The person who makes a gift.
- Donor: means a person that creates a power of appointment. See Utah Code 75-10-102
- Instrument: means a record. See Utah Code 75-10-102
- Power of appointment: means a power that enables a powerholder acting in a nonfiduciary capacity to designate a recipient of an interest in, or another power of appointment over, the appointive property. See Utah Code 75-10-102
75-10-206. Donor’s power to revoke or amend.
A donor may revoke or amend a power of appointment unless or to the extent the instrument creating the power is made irrevocable by the donor or the exercise of a presently exercisable power has been irrevocably made or effected.
A donor may revoke or amend a power of appointment unless or to the extent the instrument creating the power is made irrevocable by the donor or the exercise of a presently exercisable power has been irrevocably made or effected.
Enacted by Chapter 125, 2017 General Session