Current through the 2023 Regular Session
Section 72-7-405 - 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.Added by Laws 2015, Ch. 293, Sec. 29, eff. 10/1/2015.