Utah Code § 75A-4-405

Power to contract -- Presently exercisable power of appointment.

Last amended: 2024Year: 2026Length: 37 wordsOfficial source
A powerholder of a presently exercisable power of appointment may contract: (1) not to exercise the power; or (2) to exercise the power if the contract when made does not confer a benefit on an impermissible appointee.
Utah Code § 75A-4-405: Power to contract -- Presently exercisable power of appointment. | Justis AI