760 ILCS 3/1329: Power to contract: presently exercisable power of appointment.
Where this section sits in the code
- CHAPTER 760 TRUSTS AND FIDUCIARIES
- 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