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2020 Colorado Revised Statutes
Title 15 - Probate, Trusts, And Fiduciaries
Article 2.5. Uniform Powers of Appointment Act
Section 15-2.5-406. Power to contract - power of appointment not presently exercisable.
Universal Citation: CO Rev Stat § 15-2.5-406 (2020)
(1) 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:
Is also the donor of the power; and
Has reserved the power in the instrument creating the power.
Source: L. 2014: Entire article added, (HB 14-1353), ch. 209, p. 781, § 1, effective July 1, 2015.
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