Source: https://ncleg.gov/Laws/GeneralStatuteSections/Chapter31D
Timestamp: 2019-04-18 20:33:24+00:00

Document:
Chapter 31D - North Carolina Uniform Powers of Appointment Act.
§ 31D-1-104. Common law and principles of equity.
Article 2 - Creation, Revocation, and Amendment of Power of Appointment.
§ 31D-2-201. Creation of power of appointment.
§ 31D-2-203. Presumption of unlimited authority.
§ 31D-2-204. Exception to presumption of unlimited authority.
§ 31D-2-205. Rules of classification.
§ 31D-2-206. Power to revoke or amend.
Article 3 - Exercise of Power of Appointment.
§ 31D-3-301. Requisites for exercise of power of appointment.
§ 31D-3-302. Intent to exercise; determining intent from residuary clause.
§ 31D-3-303. Intent to exercise after-acquired power.
§ 31D-3-304. Substantial compliance with donor-imposed formal requirement.
§ 31D-3-306. Appointment to deceased appointee.
§ 31D-3-308. Selective allocation doctrine.
§ 31D-3-309. Capture doctrine; disposition of ineffectively appointed property under general power.
§ 31D-3-310. Disposition of unappointed property under released or unexercised general power.
§ 31D-3-311. Disposition of unappointed property under released or unexercised nongeneral power.
§ 31D-3-312. Disposition of unappointed property if partial appointment to taker in default.
§ 31D-3-313. Appointment to taker in default.
§ 31D-3-314. Power holder's authority to revoke or amend exercise.
Article 4 - Disclaimer or Release; Contract to Appoint or Not to Appoint.
§ 31D-4-402. Authority to release.
§ 31D-4-403. Method of release.
§ 31D-4-403.1. Necessity for actual notice of release or limitation to bind fiduciary.
§ 31D-4-404. Revocation or amendment of release.
§ 31D-4-405. Power to contract; presently exercisable power of appointment.
§ 31D-4-406. Power to contract; power of appointment not presently exercisable.
§ 31D-4-407. Remedy for breach of contract to appoint or not to appoint.
Article 5 - Rights of Power Holder's Creditors in Appointive Property.
§ 31D-5-501. Creditor claim; general power created by power holder.
§ 31D-5-502. Creditor claim; general power not created by power holder.
§ 31D-5-503. Power to withdraw.
§ 31D-5-504. Creditor claim; nongeneral power.
§ 31D-5-505. Requisites of release as against creditors and purchasers for value.
§ 31D-6-601. Uniformity of application and construction.
§ 31D-6-602. Relation to Electronic Signatures in Global and National Commerce Act.
§ 31D-6-603. Application to existing relationships.

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