Idaho Code § 15-1-108
This is the official text of Idaho Code § 15-1-108, part of Idaho’s Code — part of the compiled statutory law of Idaho, published by the state as "Code." Browse the sections below, each linked to its official government source.
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15-1-108 ACTS BY HOLDER OF GENERAL POWER.
Official statutory text
PART 1.
SHORT TITLE, CONSTRUCTION, GENERAL PROVISIONS
15-1-108. Acts by holder of general power. For the purpose of granting consent or approval with regard to the acts or accounts of a personal representative or trustee, including relief from liability or penalty for failure to post bond, to register a trust, or to perform other duties, and for purposes of consenting to modification or termination of a trust or to deviation from its terms, the sole holder or all coholders of a presently exercisable general power of appointment, including one (1) in the form of a power of amendment or revocation, are deemed to act for beneficiaries to the extent their interests (as objects, takers in default, or otherwise) are subject to the power.
History:
[I.C., sec. 15-1-108, as added by 1971, ch. 111, sec. 1, p. 233.]
SHORT TITLE, CONSTRUCTION, GENERAL PROVISIONS
15-1-108. Acts by holder of general power. For the purpose of granting consent or approval with regard to the acts or accounts of a personal representative or trustee, including relief from liability or penalty for failure to post bond, to register a trust, or to perform other duties, and for purposes of consenting to modification or termination of a trust or to deviation from its terms, the sole holder or all coholders of a presently exercisable general power of appointment, including one (1) in the form of a power of amendment or revocation, are deemed to act for beneficiaries to the extent their interests (as objects, takers in default, or otherwise) are subject to the power.
History:
[I.C., sec. 15-1-108, as added by 1971, ch. 111, sec. 1, p. 233.]
Status: in_force · Read it on the official government site
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