D.C. Code § 19-1704.06: Power to contract: power of appointment not presently exercisable.
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 power of appointment that is not presently exercisable may contract to exercise or not to exercise the power only if the powerholder:
(1)
Is also the donor of the power; and
(2)
Has reserved the power in a revocable trust.
Collected 2026-08-29T05:44:07Z. Source file · JSON