Section 46:2A-3 - Contract not to exercise powerSaid 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.