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CHAPTER 702
UNIFORM POWERS OF APPOINTMENT ACT
SUBCHAPTER I
GENERAL PROVISIONS
702.101   Short title.
702.102   Definitions.
702.103   Governing law.
702.104   Common law and principles of equity.
702.105   Default rules.
SUBCHAPTER II
CREATION, REVOCATION, AND AMENDMENT
OF POWER OF APPOINTMENT
702.201   Creation of power of appointment.
702.202   Nontransferability.
702.203   Presumption of unlimited authority.
702.204   Exception to presumption of unlimited authority.
702.205   Rules of classification.
702.206   Power to revoke or amend.
SUBCHAPTER III
EXERCISE OF POWER OF APPOINTMENT
702.301   Requisites for exercise of power of appointment.
702.302   Intent to exercise: determining intent from residuary clause.
702.303   Intent to exercise: after-acquired power.
702.304   Substantial compliance with donor-imposed formal requirement.
702.305   Permissible appointment.
702.306   Appointment to a deceased appointee.
702.307   Impermissible appointment.
702.308   Selective allocation doctrine.
702.309   Capture doctrine: disposition of ineffectively appointed property under general power.
702.310   Disposition of unappointed property under released or unexercised general power.
702.311   Disposition of unappointed property under released or unexercised nongeneral power of appointment.
702.312   Disposition of unappointed property if partial appointment to taker in default.
702.313   Appointment to taker in default.
702.314   Powerholder’s authority to revoke or amend exercise.
702.315   Presumption of nonexercise of a power of appointment.
SUBCHAPTER IV
DISCLAIMER OR RELEASE; CONTRACT
TO APPOINT OR NOT TO APPOINT
702.401   Disclaimer.
702.402   Authority to release.
702.403   Method of release.
702.404   Revocation of amendment of release.
702.405   Power to contract: presently exercisable power of appointment.
702.406   Power to contract: power of appointment not presently exercisable.
702.407   Remedy for breach of contract to appoint or not to appoint.
SUBCHAPTER V
RIGHTS OF POWERHOLDER’S CREDITORS
IN APPOINTIVE PROPERTY
702.501   Creditor claim: general power created by powerholder.
702.502   Creditor claim: general power not created by powerholder.
702.503   Power to withdraw.
702.504   Creditor claim: nongeneral power of appointment.
702.505   Third parties in good faith protected.
SUBCHAPTER VI
MISCELLANEOUS PROVISIONS
702.601   Recording instruments relating to a power of appointment.
702.602   Uniformity of application and construction.
702.603   Relation to electronic signatures in global and national commerce act.
702.604   Applicability.
subch. I of ch. 702SUBCHAPTER I
GENERAL PROVISIONS
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2021-22 Wisconsin Statutes updated through 2023 Wis. Act 272 and through all Supreme Court and Controlled Substances Board Orders filed before and in effect on November 8, 2024. Published and certified under s. 35.18. Changes effective after November 8, 2024, are designated by NOTES. (Published 11-8-24)