72-7-405. Power to contract -- presently exercisable power of appointment. 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.
History: En. Sec. 29, Ch. 293, L. 2015.
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