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.
Kentucky Legal Code