556.113 Powers of appointment; creation; donors, qualifications.
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556.113 Powers of appointment; creation; donors, qualifications.
Sec. 3.
(1)A power may be created by any creating instrument which is executed in the manner required by law for that instrument.
(2)The donor of a power must be a person capable of transferring the interest in property to which the power relates and having a transferable interest in such property.
History: 1967, Act 224, Eff. Nov. 2, 1967