Section 633.  


Latest version.
  • (a) If the creating instrument requires the consent of the donor or other person to exercise a power of appointment, the power can only be exercised when the required consent is contained in the instrument of exercise or in a separate written instrument, signed in each case by the person whose consent is required.

    (b) Unless expressly prohibited by the creating instrument:

    (1) If a person whose consent is required dies, the power may be exercised by the donee without the consent of that person.

    (2) If a person whose consent is required becomes legally incapable of consenting, the person's guardian or conservator may consent to an exercise of the power.

    (3) A consent may be given before or after the exercise of the power by the donee.

(Added by Stats. 1992, Ch. 30, Sec. 2. Effective January 1, 1993.)