Title 75 - Utah Uniform Probate Code - Chapter 10 - Uniform Powers of Appointment Act - Part 4 - Disclaimer or Release - Contract to Appoint or Not to Appoint - Section 405 - Power to contract -- Presently exercisable power of appointment.


Published: 2017-05-09

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Utah Code

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Effective 5/9/2017 75-10-405 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.

Enacted by Chapter 125, 2017 General Session