10-3.4 - Classification of powers of appointment as to duty to exercise; imperative and discretionary

§ 10-3.4 Classification of powers of appointment as to duty to exercise;             imperative and discretionary    (a) A power of appointment is either imperative or discretionary.    (b) A power of appointment is imperative if the instrument creating it  imposes  on  the  donee  a duty to exercise it, and it may be imperative  even though it is exclusive.    (c) A power of appointment is discretionary if the donee is authorized  to exercise or not to exercise it.