§ 13692.4. Powers Joint with Creator of Power.

Source: https://govt.westlaw.com/calregs/Document/IE70342634C8311EC89E5000D3A7C4BC3?viewType=FullText&originationContext=documenttoc&transitionType=CategoryPageItem&contextData=(sc.Default)

Excepted from the definition of a general power of appointment is a power not exercisable by the donee of the power except in conjunction with the creator of the power. Transfer of property made subject to such a power is treated as a transfer by the creator of the power, taxability being determinable under Revenue and Taxation Code Sections 13641-13648.

Note: Reference: Section 13692, Revenue and Taxation Code.