Power to contract - presently exercisable power of appointment

C.R.S. § 15-2.5-405
in effect
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15-2.5-405. Power to contract - presently exercisable power of appointment. (1) A powerholder of a presently exercisable power of appointment may contract: (a) Not to exercise the power if the contract, when made, does not confer a benefit on a person other than a taker in default or a permissible appointee; or (b) To exercise the power if the contract, when made, does not confer a benefit on an impermissible appointee.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://leg.colorado.gov/sites/default/files/images/olls/crs2024-title-15.docx#15-2.5-405Fetched: 10/6/2026

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