Mo. Rev. Stat. § 456.1015

Requisites for exercise of power of appointment.

Last amended: 2016Year: 2026Length: 82 wordsSubsections: 2Official source
456.1015. Requisites for exercise of power of appointment. — A power of appointment is exercised only if: (1) The instrument exercising the power is valid under applicable law; (2) The terms of the instrument exercising the power: (a) Manifest the powerholder's intent to exercise the power; and (b) Subject to section 456.1030 , satisfy the requirements of exercise, if any, imposed by the donor; and (3) To the extent the appointment is a permissible exercise of the power. (L. 2016 H.B. 1765)
Mo. Rev. Stat. § 456.1015: Requisites for exercise of power of appointment. | Justis AI