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§ 31d-4-406 — North Carolina Law | CourtGPT
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  6. § 31d-4-406
North Carolina Legal Code

§ 31d-4-406

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\nA power holder of a power of appointment that is not presently exercisable may contract to exercise or not to exercise the power only if the power holder both:\n(1) Is also the donor of the power.\n(2) Has reserved the power in a revocable trust. (2015-205, s. 3(a).)