Title XXXI TRUSTS AND ESTATES OF DECEDENTS AND PERSONS UNDER DISABILITY Chapter 456 • Effective - 28 Aug 2016 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)
Missouri Legal Code