Intent to exercise -- After-acquired power.
Utah Code § 75A-4-303
in effect75A-4-303. Intent to exercise -- After-acquired power.
Unless the terms of the instrument exercising a power of appointment manifest a contrary intent:
(1) except as otherwise provided in Subsection (2), a blanket-exercise clause extends to a power acquired by the powerholder after executing the instrument containing the clause; and
(2) if the powerholder is also the donor of the power, the clause does not extend to the power unless there is no gift-in-default clause or the gift-in-default clause is ineffective.
Renumbered and Amended by Chapter 364, 2024 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title75A/Chapter4/75A-4-S303.html?v=C75A-4-S303_2024090120240501Fetched: 10/26/2026
