Nonadverse party definition
Nonadverse party means a person who does not have a substantial beneficial interest in the trust or other property arrangement that would be adversely affected by the exercise or nonexercise of the power that he or she possesses respecting the trust or other property arrangement. A person having a general power of appointment over property is deemed to have a beneficial interest in the property.
Nonadverse party means a person who has a power relating to a trust or other property arrangement but who does not have a substantial beneficial interest that would be adversely affected by exercise or nonexercise of that power, except that “nonadverse party” does not include a person who has a general power of appointment over property, with respect to that property.
Nonadverse party means a person who does not have a substantial beneficial
More Definitions of Nonadverse party
Nonadverse party means a person who does not have a substantial beneficial interest in the trust or other property arrangement that would be adversely affected by the exercise or nonexercise of the power that the person possesses respecting the trust or other property
Nonadverse party means a person who does not have a substantial beneficial interest in the trust
Nonadverse party means a person who does not have a substantial beneficial interest in
Nonadverse party means a person who has a power relating to a trust or
Nonadverse party means any person who is not an adverse party.
Nonadverse party means a person who does not have a substantial beneficial interest in the trust or other property arrangement that would be adversely affected by the exercise