N.Y. Estates, Powers & Trusts Law Section 10-5.2
Contract to appoint

  • power presently exercisable
§ 10-5.2 Contract to appoint; power presently exercisable The donee of a power of appointment which is presently exercisable, or of a postponed power which has become exercisable, can contract to make an appointment to the extent that the contract or the promised appointment does not confer a benefit upon a person who is not a permissible appointee under the power.

Source: Section 10-5.2 — Contract to appoint; power presently exercisable, https://www.­nysenate.­gov/legislation/laws/EPT/10-5.­2 (updated Sep. 22, 2014; accessed Apr. 27, 2024).

Green check means up to date. Up to date

Accessed:
Apr. 27, 2024

Last modified:
Sep. 22, 2014

§ 10-5.2’s source at nysenate​.gov

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