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Code · Wisconsin · Chapter 702 — Uniform powers of appointment act

702.405 Power to contract: presently exercisable power of appointment.

51 words·~1 min read·/wi/chapter-702/702-405

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

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