N.J.S.A. 46:2A-3

Contract not to exercise power

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.

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This is the verbatim text of N.J.S.A. 46:2A-3, retrieved from the New Jersey Legislature's public statute corpus. Statutes are amended periodically — for the most current version, check the external source link above. Kyzer is not a law firm and this page is not legal advice.

N.J.S.A. 46:2A-3 — Contract not to exercise power | Kyzer