72-7-307. Impermissible appointment, MCA
  1. MCA Contents
  2. TITLE 72
  3. CHAPTER 7
  4. Part 3
  5. 72-7-307 Impermissible appointment

Montana Code Annotated 2017

TITLE 72. ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS

CHAPTER 7. UNIFORM POWERS OF APPOINTMENT ACT

Part 3. Exercise of Power of Appointment

Impermissible Appointment

72-7-307. 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.

History: En. Sec. 17, Ch. 293, L. 2015.