{"data":{"id":"us-nc/n.c.-gen.-stat.-31d-4-405","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 31D-4-405","heading":"Power to contract; presently exercisable power of appointment.","body":"A power holder of a presently exercisable power of appointment may contract:\n(1)\tNot to exercise the power.\n(2)\tTo exercise the power if the contract when made does not confer a benefit on an impermissible appointee. (2015-205, s. 3(a).)","path":["Chapter 31D. North Carolina Uniform Powers of Appointment Act.","Article 4. Disclaimer or Release; Contract to Appoint or Not to Appoint."],"source_url":"https://www.ncleg.gov/EnactedLegislation/Statutes/HTML/BySection/Chapter_31D/GS_31D-4-405.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:00:07Z","sha256":"535fe7e23038fa37e8b864a0c5b5d931551482fb259b2e54e8fed6a5f599ee91","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-31d-4-404","next":"us-nc/n.c.-gen.-stat.-31d-4-406"},"notice":"GroundRules: Original legal text. Not legal advice."}