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Form a Business

Presumption of unlimited authority

KRS 390.070
in effect
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390.070. Presumption of unlimited authority Subject to KRS 390.090, and unless the terms of the instrument creating a power of appointment manifest a contrary intent, the power is: (1) Presently exercisable; (2) Exclusionary; and (3) Except as otherwise provided in KRS 390.080, general. Effective: July 15, 2020 History: Created 2020 Ky. Acts ch. 41, sec. 6, effective July 15, 2020.
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=50115Fetched: 10/20/2026

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