1. (a) In this section, the term "adverse party" means a person with a substantial beneficial interest in property which would be affected adversely by a powerholder's exercise or nonexercise of a power of appointment in favor of the powerholder, the powerholder's estate, a creditor of the powerholder, or a creditor of the powerholder's estate.
2. (b) If a powerholder may exercise a power of appointment only with the consent or joinder of an adverse party, the power is nongeneral.
3. (c) If the permissible appointees of a power of appointment are not defined and limited, the power is exclusionary.

History

Mar. 7, 2025, D.C. Law 25-265, § 2(b)