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New Jersey Statutes, Title: 46, PROPERTY

    Chapter 2a: Power of appointment; release or contract not to exercise authorized

      Section: 46:2a-3: Contract not to exercise power

           Said 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.



This section added to the Rutgers Database: 2012-09-26 13:37:54.






Older versions of 46:2a-3 (if available):



Court decisions that cite this statute: CLICK HERE.