RCW 11.95A.450: Power to contract—Power of appointment not presently exercisable.

RCWs > Title 11 > Chapter 11.95A > Section 11.95A.450

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11.95A.440 << 11.95A.450 >> 11.95A.460

PDFRCW 11.95A.450

Power to contract—Power of appointment not presently exercisable.

A powerholder of a power of appointment that is not presently exercisable may contract to exercise or not to exercise the power only if the powerholder:

(1) Is also the donor of the power; and

(2) Has reserved the power in a revocable trust.

[ 2021 c 140 § 3406.]