{"data":{"id":"us-co/c.r.s.-15-2.5-406","jurisdiction":"us-co","citation":"C.R.S. § 15-2.5-406","heading":"Power to contract - power of appointment not presently exercisable.","body":"(1) 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:\n\n(a) Is also the donor of the power; and\n\n(b) Has reserved the power in the instrument creating the power.","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":"3b7a6decff2ff200574865c83e2cc8f633aca973a04d9ee335227338c166e40b","source_id":"us-co","stale":false,"prev":"us-co/c.r.s.-15-2.5-405","next":"us-co/c.r.s.-15-2.5-601"},"notice":"GroundRules: Original legal text. Not legal advice."}