46:2A-3 - Contract not to exercise power - New Jersey Statutes

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.