Utah Code § 75A-4-405: Power to contract -- Presently exercisable power of appointment.
Where this section sits in the code
- Title 75A Fiduciaries
- Chapter 75A-4 Uniform Powers of Appointment Act
- Part 75A-4-4 Disclaimer or Release - Contract to Appoint or Not to Appoint
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 2026-09-03T11:34:34Z. Source file · JSON