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Illinois · Through at least Public Act 104-790

760 ILCS 3/1329: Power to contract: presently exercisable power of appointment.

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Where this section sits in the code
  1. CHAPTER 760 TRUSTS AND FIDUCIARIES
  2. Illinois Trust Code.

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 2026-09-15T04:46:44Z. Source file · JSON

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