Nebraska Statutes 30-4629. Power to contract: Presently exercisable power of appointment
Current as of: 2024 | Check for updates
|
Other versions
A powerholder of a presently exercisable power of appointment may contract:
Terms Used In Nebraska Statutes 30-4629
- Contract: A legal written agreement that becomes binding when signed.
(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.