760 ILCS 3/1329Download PDFCurrent through Public Act 103-1052Section 760 ILCS 3/1329 - Power to contract: presently exercisable power of appointmentA 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. 760 ILCS 3/1329Added by P.A. 101-0048,§ 1329, eff. 1/1/2020.