Impermissible appointment
(1) Except as otherwise provided in 72-7-306, an exercise of a power of appointment in favor of an impermissible appointee is ineffective.
(2) An exercise of a power of appointment in favor of a permissible appointee is ineffective to the extent the appointment is a fraud on the power.
| EnactedEn. SectionSec. 17, ChapterCh. 293, Laws ofL. 2015 (SB 253 - McNally, Mary (D) SD 24) |