Utah Code 75-10-403. Method of release
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75-10-403. Method of release.
A powerholder of a releasable power of appointment may release the power in whole or in part:
A powerholder of a releasable power of appointment may release the power in whole or in part:
(1) | by substantial compliance with a method provided in the terms of the instrument creating the power; or |
(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 a record manifesting the powerholder’s intent by clear and convincing evidence. |
Enacted by Chapter 125, 2017 General Session