SS HCS HB 1765, 2016 (New Section - Proposed Language)
456.1015. 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.