TITLE 72. ESTATES, TRUSTS, AND FIDUCIARY RELATIONSHIPS

CHAPTER 7. UNIFORM POWERS OF APPOINTMENT ACT

Part 4. Disclaimer on Release -- Contract to Appoint or Not to Appoint

Remedy For Breach Of Contract To Appoint Or Not To Appoint

72-7-407. Remedy for breach of contract to appoint or not to appoint. The remedy for a powerholder's breach of a contract to appoint or not to appoint appointive property is limited to damages payable out of the appointive property or, if appropriate, specific performance of the contract.

History: En. Sec. 31, Ch. 293, L. 2015.