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Form a Business

Power to contract -- Power of appointment not presently exercisable.

Utah Code § 75A-4-406
in effect
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75A-4-406. Power to contract -- Power of appointment not presently exercisable. A powerholder of a power of appointment that is not presently exercisable may contract to exercise or not to exercise the power only if the powerholder: (1) is also the donor of the power; and (2) has reserved the power in a revocable trust. 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-S406.html?v=C75A-4-S406_2024090120240501Fetched: 10/26/2026

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