GroundRules
D.C. Code § 19-1704.05: Power to contract: presently exercisable power of appointment.
Where this section sits in the code
- Title 19. Descent, Distribution, and Trusts. [Enacted title]
- Chapter 17. Uniform Powers of Appointment Code.
- Subchapter IV. Disclaimer or Release; Contract to Appoint or Not to Appoint.
(a)
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.
Collected 2026-08-29T05:44:07Z. Source file · JSON