Section 456.1045 – Impermissible appointment.

Effective – 28 Aug 2016

456.1045. Impermissible appointment. — 1. Except as otherwise provided in section 456.1040, an exercise of a power of appointment in favor of an impermissible appointee is ineffective.

2. An exercise of a power of appointment in favor of a permissible appointee is ineffective to the extent the appointment is a fraud on the power.

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(L. 2016 H.B. 1765)