IC 30-4-10-20 : "Power of appointment"

Sec. 20. As used in this chapter, "power of appointment" means a power that enables a powerholder acting in a nonfiduciary capacity to designate a recipient of an ownership interest in or another power of appointment over the appointive property. The term does not include a power of attorney.

As added by P.L.161-2022, SEC.3.