Neb. Rev. Stat. §§ 30-4629

Current with changes through 2024

Section 30-4629 - Power to contract: Presently exercisable power of appointment

A powerholder of a presently exercisable power of appointment may contract:

(1) not to exercise the power; or

(2) to exercise the power if the contract when made does not confer a benefit on an impermissible appointee.

Neb. Rev. Stat. §§ 30-4629

Laws 2021, LB 501, § 52.

Laws 2021, LB 501,§ 52, eff. 8/28/2021.