State Codes and Statutes
Statutes > Missouri > T31 > C456 > 456_3-302Representation by holder of general testamentary power of appointment.
456.3-302. The holder of a testamentary power of appointment mayrepresent and bind persons whose interests, as permissible appointees,takers in default, or otherwise, are subject to the power.
In this section "testamentary power of appointment" means a testamentarypower of appointment exercisable without the consent of the creator of thepower or person holding an adverse interest in favor of:
(1) a class of appointees that includes the holder, the holder'sestate, the holder's creditors, or the creditors of the holder's estate; or
(2) all persons other than the holder, the holder's estate, theholder's creditor's, or the creditors of the holder's estate.
(L. 2004 H.B. 1511)Effective 1-01-05
