Washington Code 11.95A.440 – Power to contract — Presently exercisable power of appointment
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A powerholder of a presently exercisable power of appointment may contract:
Terms Used In Washington Code 11.95A.440
- 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.