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Form a Business

Power to contract -- Presently exercisable power of appointment.

Utah Code § 75A-4-405
in effect
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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. Renumbered and Amended by Chapter 364, 2024 General Session
Source: Utah Office of Legislative Research and General Counsel (le.utah.gov)URL: https://le.utah.gov/xcode/Title75A/Chapter4/75A-4-S405.html?v=C75A-4-S405_2024090120240501Fetched: 10/26/2026

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