72-7-405. 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.

     History: En. Sec. 29, Ch. 293, L. 2015.