GroundRules
46-11-406: Power to contract; power of appointment not presently exercisable.
Where this section sits in the code
- Chapter 46 - Fiduciaries and Trusts
- ARTICLE 11 Uniform Powers of Appointment
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:
A. is also the donor of the power; and
B. has reserved the power in a revocable trust.
Collected 2026-09-03T15:02:19Z. Source file · JSON