California Law (Last Updated: March 4, 2014) |
Probate Code - PROB |
Division 2. GENERAL PROVISIONS |
Part 14. POWERS OF APPOINTMENT |
Chapter 4. Exercise of Powers of Appointment |
ARTICLE 4. Types of Appointments |
Section 652.
Latest version.
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(a) Except as provided in subdivision (b), the donee of a special power of appointment may appoint the whole or any part of the appointive property to any one or more of the permissible appointees and exclude others.
(b) If the donor specifies either a minimum or maximum share or amount to be appointed to one or more of the permissible appointees, the exercise of the power must conform to the specification.
(Added by Stats. 1992, Ch. 30, Sec. 2. Effective January 1, 1993.)