Section 10-6.9. Exercise of a power of appointment in further trust


Latest version.
  • If the donee of a power of appointment exercises the power in favor of
      the  trustee of a trust under a will or deed other than that under which
      the power was created, and if said  exercise  is  otherwise  valid,  the
      appointive  property  shall  be  paid  over  to  and administered by the
      trustee of, and under the terms of, the trust under such  will  or  deed
      and  jurisdiction  over  said appointive property shall thereafter be in
      the court having jurisdiction of the trust under such will or deed.