2016 New Jersey Revised Statutes
Title 46 - Property
Section 46:2A-3 - Contract Not To Exercise Power

NJ Rev Stat § 46:2A-3 (2016) What's This?

46:2A-3. Contract not to exercise power
Said person may covenant or contract not to exercise such power:

(a) with respect to a part only of the property subject thereto;

(b) in favor of any persons or objects, or classes of persons or objects, to whom or for whose benefit an appointment otherwise might be made, other than a reduced or limited number of persons or objects, or classes of persons or objects.

L.1943, c. 57, p. 253, s. 3.

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