502.64 DONEE MAY EXERCISE POWER OF APPOINTMENT.
A donee may exercise a power of appointment only by an instrument executed with sufficient
formalities to pass title to the property covered by the power. When a power of appointment is
exercisable only by will, a donee may not exercise it by deed. When a power of appointment is
exercisable by deed, a donee may exercise it by will.
History: 1943 c 322 s 4