SS HCS HB 1765, 2016 (New Section - as Truly Agreed)
456.1005. 1. As used in this section, "adverse
party" means a person with a substantial beneficial interest
in property which would be affected adversely by a powerholder's
exercise or nonexercise of a power of appointment in favor
of the powerholder, the powerholder's estate, a creditor of the
powerholder, or a creditor of the powerholder's estate.
2. If a powerholder may exercise a power of appointment only with the consent or joinder of an adverse party, the power is nongeneral.
3. If the permissible appointees of a power of appointment are not defined and limited, the power is exclusionary.