For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Power to contract -- Presently exercisable power of appointment

KRS 390.290
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
390.290. 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. Effective: July 15, 2020 History: Created 2020 Ky. Acts ch. 41, sec. 28, effective July 15, 2020.
Source: Kentucky Legislative Research Commission (legislature.ky.gov)URL: https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=50137Fetched: 10/20/2026

Starting a business in Kentucky? Kentucky LLC guide: costs and requirements