75-2-608 - Exercise of power of appointment.
75-2-608. Exercise of power of appointment.
In the absence of a requirement that a power of appointment be exercised by a reference,or by an express or specific reference, to the power, a general residuary clause in a will, or a willmaking general disposition of all of the testator's property, expresses an intention to exercise apower of appointment held by the testator only if:
(1) the power is a general power and the creating instrument does not contain a gift if thepower is not exercised; or
(2) the testator's will manifests an intention to include the property subject to the power.
Repealed and Re-enacted by Chapter 39, 1998 General Session