{"data":{"id":"us-ky/krs-390.290","jurisdiction":"us-ky","citation":"KRS 390.290","heading":"Power to contract -- Presently exercisable power of appointment.","body":"A powerholder of a presently exercisable power of appointment may contract:\n(1) Not to exercise the power; or\n(2) To exercise the power if the contract when made does not confer a benefit on an\nimpermissible appointee.","path":["KRS Chapter 390"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=50137","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:59:23Z","sha256":"a76d6c09f0a55295fda0fe0b795b234ca8359d2604e54dea8a8ae84b6cb56ae4","source_id":"us-ky","stale":false,"prev":"us-ky/krs-390.280","next":"us-ky/krs-390.300"},"notice":"GroundRules: Original legal text. Not legal advice."}