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§ 456-5-508 — Missouri Law | CourtGPT
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  6. § 456-5-508
Missouri Legal Code

§ 456-5-508

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Title XXXI TRUSTS AND ESTATES OF DECEDENTS AND PERSONS UNDER DISABILITY Chapter 456 • Effective - 28 Aug 2016, 2 histories 456.5-508. Creditor claim, appointive property not subject to, when. — 1. Except as provided in sections 456.970 to 456.1135: (1) Appointive property subject to a general power of appointment exercisable only at the powerholder's death is not subject to the claim of a creditor; (2) Appointive property subject to a nongeneral power of appointment is not subject to the claim of a creditor. 2. This section shall not limit the ability of a creditor or other claimant to reach a beneficial interest as otherwise provided in sections 456.5-501 to 456.5-507. 3. As used in this section, the terms 'appointive property', 'general power of appointment', 'nongeneral power of appointment', and 'claim of a creditor' shall have the same meaning as defined in section 456.975. ­­-------- (L. 2011 S.B. 59, A.L. 2016 H.B. 1765)