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.[ 2021 c 140 s 3405.]
RCW 11.95A.440 — under Chapter 11.95A Uniform powers of appointment act..
RCW 11.95A.440
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.[ 2021 c 140 s 3405.]