{"data":{"id":"us-co/c.r.s.-15-2.5-405","jurisdiction":"us-co","citation":"C.R.S. § 15-2.5-405","heading":"Power to contract - presently exercisable power of appointment.","body":"(1) A powerholder of a presently exercisable power of appointment may contract:\n\n(a) Not to exercise the power if the contract, when made, does not confer a benefit on a person other than a taker in default or a permissible appointee; or\n\n(b) To exercise the power if the contract, when made, does not confer a benefit on an impermissible appointee.","path":["Title 15 - PROBATE, TRUSTS, AND FIDUCIARIES","Article 2.5 - Uniform Powers of Appointment Act","Part 4 - DISCLAIMER OR RELEASE; CONTRACT TO APPOINT OR NOT TO APPOINT"],"source_url":"https://olls.info/crs/crs2026-title-15.htm","current_through":"Colorado Revised Statutes 2026","vintage":"","retrieved_at":"2026-09-14T18:37:45Z","sha256":"5920c436fb69fc92bf2c57f1fea3500d6301f7442e8ee11dc2994e914ec216f5","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-15-2.5-404","next":"us-co/c.r.s.-15-2.5-406"},"notice":"GroundRules: Original legal text. Not legal advice."}