Appointment
131limited power of appointment — A power of appointment which is exercisable only in favor of persons or a class of persons designated or described in the instrument creating the power. Marx v Rice, 1 NJ 574, 65 A2d 48, 9 ALR2d 584. In Pennsylvania, a general power of… …
132power of appointment — Authority enabling one person to dispose of an interest which is vested in another. Re Zanatta, 99 NJ Eq 339, 131 A 515. A liberty or authority reserved by, or limited to, a person to dispose of real or personal property for his own benefit, or… …
