Section 10-5.2. Contract to appoint; power presently exercisable

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The donee of a power of appointment which is presently exercisable, or
  of  a postponed power which has become exercisable, can contract to make
  an  appointment  to  the  extent  that  the  contract  or  the  promised
  appointment  does  not  confer  a  benefit  upon  a  person who is not a
  permissible appointee under the power.

                    
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