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2017 Montana Code Annotated
TITLE 72. ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS
CHAPTER 7. UNIFORM POWERS OF APPOINTMENT ACT
Part 4. Disclaimer on Release -- Contract to Appoint or Not to Appoint
72-7-405. Power to contract -- presently exercisable power of appointment
Universal Citation: MT Code § 72-7-405 (2017)
72-7-405. 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.
History: En. Sec. 29, Ch. 293, L. 2015.
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