§ 19-1704.05

D.C. Code § 19-1704.05

Power to contract: presently exercisable power of appointment.

Effective Mar 7, 2025Mar. 7, 2025, D.C. Law 25-265, § 2(b)

(a) A powerholder of a presently exercisable power of appointment may contract:
1. (1) Not to exercise the power; or
2. (2) To exercise the power if the contract when made does not confer a benefit on an impermissible appointee.

Mar. 7, 2025, D.C. Law 25-265, § 2(b)