Ky. Rev. Stat. § 390.290

Current through 2024 Ky. Acts ch. 225

Section 390.290 - 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.

KRS 390.290

Added by 2020 Ky. Acts ch. 41,§ 28, eff. 7/14/2020.