(760 ILCS 3/1306)

Sec. 1306. Presumption of unlimited authority. Subject to Section 1308, and unless the terms of the instrument creating a power of appointment manifest a contrary intent, the power is:

(1) presently exercisable;

(2) exclusionary; and

(3) except as otherwise provided in Section 1307, general.

(Source: P.A. 101-48, eff. 1-1-20.)