Revisor Home

Title XXXI TRUSTS AND ESTATES OF DECEDENTS AND PERSONS UNDER DISABILITY

Chapter 456

previous next Effective - 28 Aug 2018, 2 historiesbottom

  456.1035.  Permissible appointment. — 1.  A powerholder of a general power of appointment that permits appointment to the powerholder or the powerholder's estate may make any appointment, including an appointment in trust or creating a new power of appointment, that the powerholder could make in disposing of the powerholder's own property.

  2.  A powerholder of a general power of appointment that permits appointment only to the creditors of the powerholder or of the powerholder's estate may appoint only to those creditors.

  3.  The powerholder of a nongeneral power may:

  (1)  Make an appointment in any form, including an appointment in trust, in favor of a permissible appointee;

  (2)  Create a general power or nongeneral power in a permissible appointee; or

  (3)  Create a nongeneral power in any person to appoint to one or more of the permissible appointees of the original nongeneral power.

­­--------

(L. 2016 H.B. 1765, A.L. 2018 H.B. 1250)


---- end of effective   28 Aug 2018 ----

use this link to bookmark section  456.1035


 - All versions
Effective End
456.1035 8/28/2018
456.1035 8/28/2016 8/28/2018

In accordance with Section 3.090, the language of statutory sections enacted during a legislative session are updated and available on this website on the effective date of such enacted statutory section. Revisor Home    

Other Information
 Recent Sections Editorials May Be Cited As Tables & Forms Multiple Enact
Repeal & Transfer Definitions

Site changes Contact
Other Links
Oversight Library MO WebMasters
Senate
Missouri Senate
State of Missouri
MO.gov
House
Missouri House

@18:25:50.5 32