- (1) Except as provided in KRS 390.160, 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.
Effective: July 15, 2020
History: Created 2020 Ky. Acts ch. 41, sec. 16, effective July 15, 2020.