Section 556.130 - Death of appointee prior to exercise of power; nonlapse of appointment.
POWERS OF APPOINTMENT ACT OF 1967 (EXCERPT)
Act 224 of 1967
556.130 Death of appointee prior to exercise of power; nonlapse of appointment.
Sec. 20.
If an attempted exercise of a power is ineffective because of an appointee's death before the effective date of the exercise, the appointment does not lapse and section 2603 of the estates and protected individuals code, 1998 PA 286, MCL 700.2603, applies.
History: 1967, Act 224, Eff. Nov. 2, 1967 ;-- Am. 2000, Act 68, Eff. Apr. 1, 2000
Compiler's Notes: The reference to "1998 PA 286, MCL 700.2603" at the end of this section evidently should read "1998 PA 386, MCL 700.2603."