C.R.S. § 15-2.5-406

15-2.5-406. Power to contract - power of appointment not presently exercisable

ReservedYear: 2026Length: 58 wordsSubsections: 2Official source
15-2.5-406. Power to contract - power of appointment not presently exercisable. (1) A powerholder of a power of appointment that is not presently exercisable may contract to exercise or not to exercise the power only if the powerholder: (a) Is also the donor of the power; and (b) Has reserved the power in the instrument creating the power.
C.R.S. § 15-2.5-406: 15-2.5-406. Power to contract - power of appointment not presently exercisable | Justis AI