{"data":{"id":"us-nc/n.c.-gen.-stat.-31d-4-406","jurisdiction":"us-nc","citation":"N.C. Gen. Stat. § 31D-4-406","heading":"Power to contract; power of appointment not presently exercisable.","body":"A power holder of a power of appointment that is not presently exercisable may contract to exercise or not to exercise the power only if the power holder both:\n(1)\tIs also the donor of the power.\n(2)\tHas reserved the power in a revocable trust. (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-4-406.html","current_through":"S.L. 2026-30","vintage":"","retrieved_at":"2026-08-27T18:00:07Z","sha256":"74df0959eaaed39e93d6e298c2a8722b06714f1e5f1af438e9a299d8fc5f8502","source_id":"us-nc","stale":false,"prev":"us-nc/n.c.-gen.-stat.-31d-4-405","next":"us-nc/n.c.-gen.-stat.-31d-4-407"},"notice":"GroundRules: Original legal text. Not legal advice."}