Section 502.78 Absolute Power of Disposition

502.78 ABSOLUTE POWER OF DISPOSITION.

Where an absolute power of disposition is given to a grantee or devisee of real or personal property and no reversion, remainder, or gift in default of the property undisposed of by the grantee or devisee is expressed in the instrument creating the power, the grantee or devisee is the absolute owner of the property.

History:

1943 c 322 s 18