Statutes, codes, and regulations
Utah Code
Title 75A - FIDUCIARIESChapter 4 - UNIFORM POWERS OF APPOINTMENT ACT
Part 4 - DISCLAIMER OR RELEASE - CONTRACT TO APPOINT OR NOT TO APPOINT
Section 75A-4-405 - Power to contract - Presently exercisable power of appointment

Utah Code § 75A-4-405

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Current through the 2024 Fourth Special Session
Section 75A-4-405 - 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.

Utah Code § 75A-4-405

Renumbered from § 75-10-405 and amended by Chapter 364, 2024 General Session ,§ 121, eff. 9/1/2024.
Added by Chapter 125, 2017 General Session ,§ 31, eff. 5/9/2017.