North Carolina § 31D-3-303 - Intent to exercise after-acquired power.
Full text of North Carolina North Carolina General Statutes § 31D-3-303 — Intent to exercise after-acquired power., with citation guidance and answers to common questions.
§ 31D-3-303. Intent to exercise after-acquired power.
Unless the terms of an instrument exercising a power of appointment manifest a contrary intent: If the power holder is not also the donor of the power, a blanket-exercise clause in the instrument extends to a power acquired by the power holder after executing the instrument containing the clause. If the power holder is also the donor of the power, the blanket-exercise clause extends to the power acquired by the power holder after executing the instrument only if there is no gift-in-default clause or the gift-in-default clause is ineffective. The blanket-exercise clause does not extend to the power if there is a gift-in-default clause that is effective. History (2015-205, s. 3(a).)
Source: official North Carolina text · Last verified 2026-08-27
Frequently Asked Questions About North Carolina § 31D-3-303
What does North Carolina General Statutes § 31D-3-303 cover?
Section 31D-3-303 ("Intent to exercise after-acquired power.") is part of the North Carolina General Statutes, the codified statutory law of North Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite North Carolina § 31D-3-303?
A common citation format is "North Carolina General Statutes § 31D-3-303" (North Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of North Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the North Carolina official source linked on this page or consult a licensed North Carolina attorney.
How does North Carolina § 31D-3-303 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in North Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in North Carolina.