1. 1. Subject to section 456.1005, the power is:

   1. (1) Presently exercisable;
   2. (2) Exclusionary; and
   3. (3) Except as otherwise provided in subsection 2 of this section, general.

2. 2. The power is nongeneral if:

   1. (1) The power is exercisable only at the powerholder's death; and
   2. (2) The permissible appointees of the power are a defined and limited class that does not include the powerholder's estate, the powerholder's creditors, or the creditors of the powerholder's estate.

(L. 2016 H.B. 1765)