Revocable definition

Revocable as applied to a trust, means revocable by the settlor without the consent of the trustee or a person holding an adverse interest.
Revocable means, with respect to a disposition, appointment, provision, or nomination, one under which the divorced individual, at the time of the divorce or annulment, was alone empowered, by law or under the governing instrument, to cancel the designation in favor of his or her former spouse or former spouse's relative, whether or not the divorced individual was then empowered to designate himself or herself in place of his or her former spouse or in place of his or her former spouse's relative and whether or not the divorced individual then had the capacity to exercise the power.
Revocable means, with respect to a disposition, appointment, provision, or nomination, one under which the decedent, at the time of or immediately before death, was alone empowered, by law or under the governing instrument, to cancel the designation in favor of the killer or felon, whether or not the decedent was then empowered to designate himself or herself in place of his or her killer or felon and whether or not the decedent then had the capacity to exercise the power.

Examples of Revocable in a sentence

  • SUMMARY AND RECOMMENDATION: The project meets all the required site area standards and the findings for approval of the Coastal Permit, Non-Residential Demolition Authorization Permit, Design Permit, Boundary (Lot) Line Adjustments, Special Use Permit, Administrative Use Permit, Additional Height Request, Revocable License for Outdoor ExtensionArea, and Heritage Tree Removal Permit, as detailed in this report and various attachments.

  • Approve Revocable Non-Exclusive Storm Sewer Easement Agreement with Gateway of Appleton, LLC for a private storm sewer pipe in Town right-of-way.

  • Revocable trust accounts and irrevocable trust accounts are established as Personal Accounts.

  • Forster, as Trustees of The Three Suns 2019 Non-Exempt Irrevocable Trust U/T/A dated November 15, 2019, and (d) 53,588 shares of common stock held by Mr. Huffard and Mary Kathryn Braden Huffard, as Trustees of The John Cloyd Huffard Jr Revocable Trust U/T/A dated March 2, 2012.

  • Lake Revocable Trust dated May 23, 2016, of which Ms. Lake is the trustee, (ii) 384,272 shares of Class B common stock held by the Katrina M.


More Definitions of Revocable

Revocable as applied to a trust, means revocable by the settlor
Revocable as applied to a trust, means revocable by the settlor without the consent of the trustee
Revocable. , as applied to a trust, means revocable by the settlor without the consent of the trustee or a person holding an adverse interest. A trust's characterization as revocable is not affected by the settlor's lack of capacity to exercise the power of revocation, regardless of whether an agent of the settlor under a durable power of attorney, a conservator of the settlor, or a plenary guardian of the settlor is serving.
Revocable. , as applied to a trust, means revocable
Revocable as applied to a trust, means that the trust can be revoked by the settlor without the consent of the trustee or a person holding an adverse interest, regardless of whether the set- tlor is incapacitated.
Revocable as applied to a trust, means revocable by the settlor without the
Revocable. , as applied to a trust, means that the settlor has the legal power