1. (a) To the extent a powerholder releases, ineffectively exercises, or fails to exercise a nongeneral power of appointment:

   1. (1) The gift-in-default clause controls the disposition of the unappointed property; or

   2. (2) If there is no gift-in-default clause or to the extent the clause is ineffective, the unappointed property:

      1. (A) Passes to the permissible appointees if:

         1. (i) The permissible appointees are defined and limited; and
         2. (ii) The terms of the instrument creating the power do not manifest a contrary intent; or
      2. (B) If there is no taker under subparagraph (A) of this paragraph, passes under a reversionary interest to the donor or the donor's transferee or successor in interest.

History

Mar. 7, 2025, D.C. Law 25-265, § 2(b)