(760 ILCS 3/1316)
Sec. 1316. Impermissible appointment. (a) Except as otherwise provided in Section 1315, an exercise of a power of appointment in favor of an impermissible appointee is ineffective.
(b) An exercise of a power of appointment in favor of a permissible appointee is ineffective to the extent the appointment is a fraud on the power.
(Source: P.A. 101-48, eff. 1-1-20.) |