N.J. Stat. § 46:2A-3
Contract not to exercise power
New Jersey · New Jersey Statutes Title 46 — Property · Status: effective
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- Citation
- N.J. Stat. § 46:2A-3, Contract not to exercise power, New Jersey, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1474744
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Full text
Said person may covenant or contract not to exercise such power:
(a) with respect to a part only of the property subject thereto;
(b) in favor of any persons or objects, or classes of persons or objects, to whom or for whose benefit an appointment otherwise might be made, other than a reduced or limited number of persons or objects, or classes of persons or objects.