Cal. Prob. Code § 634

Current through the 2023 Legislative Session.
Section 634 - Power created in favor of two or more powerholders

A power of appointment created in favor of two or more powerholders can only be exercised when all of the powerholders unite in its exercise. If one or more of the powerholders dies, becomes legally incapable of exercising the power, or releases the power, the power may be exercised by the others, unless expressly prohibited by the creating instrument.

Ca. Prob. Code § 634

Amended by Stats 2016 ch 81 (AB 2846),s 7, eff. 1/1/2017.