New Jersey Statutes 46:2A-4. Application of act to what powers and instruments
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Terms Used In New Jersey Statutes 46:2A-4
- Contract: A legal written agreement that becomes binding when signed.
This act shall apply to powers of appointment created by instruments coming into operation either before or after this act takes effect; provided, that it shall not apply where such instrument expressly prohibits a release of, or covenant, or contract not to exercise, such power.
L.1943, c. 57, p. 254, s. 4.