EPTL 10-5.2 — Legislation

Legislation Search OpenLegislation Statutes Search Term Search icon Search previous SECTION 10-5.1 Scope of the authority of the donee up PART 5 Extent of Donee's Authority to Appoint or Contract to Appoint an Estate In Appointive Property next SECTION 10-5.3 Contract to appoint; power not presently exercisable Viewing most recent revision (from 2014-09-22) View historical revision as of: -- Choose a Date -- 2014-09-22 Share Facebook Email SECTION 10-5.2 Contract to appoint; power presently exercisable Estates, Powers & Trusts (EPT) CHAPTER 17-B, ARTICLE 10, PART 5 § 10-5.2 Contract to appoint; power presently exercisable The donee of a power of appointment which is presently exercisable, or of a postponed power which has become exercisable, can contract to make an appointment to the extent that the contract or the promised appointment does not confer a benefit upon a person who is not a permissible appointee under the power.