Ky. Rev. Stat. § 390.230

Current through 2024 Ky. Acts ch. 225
Section 390.230 - Appointment to taker in default

If a powerholder makes an appointment to a taker in default of appointment and the appointee would have taken the property under a gift-in-default clause had the property not been appointed, the power of appointment is deemed not to have been exercised, and the appointee takes under the clause.

KRS 390.230

Added by 2020 Ky. Acts ch. 41,§ 22, eff. 7/14/2020.