Utah Code § 75A-4-405
Power to contract -- Presently exercisable power of appointment
Utah · Utah Code Title 75A — Fiduciaries · Status: effective
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- Citation
- Utah Code § 75A-4-405, Power to contract -- Presently exercisable power of appointment, Utah, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2352508
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Full text
A powerholder of a presently exercisable power of appointment may contract:
(1) not to exercise the power; or
(2) to exercise the power if the contract when made does not confer a benefit on an impermissible appointee.