1. 1. A powerholder of a general power of appointment that permits appointment to the powerholder or the powerholder's estate may make any appointment, including an appointment in trust or creating a new power of appointment, that the powerholder could make in disposing of the powerholder's own property.
2. 2. A powerholder of a general power of appointment that permits appointment only to the creditors of the powerholder or of the powerholder's estate may appoint only to those creditors.

3. 3. The powerholder of a nongeneral power may:

   1. (1) Make an appointment in any form, including an appointment in trust, in favor of a permissible appointee;
   2. (2) Create a general power in a permissible appointee; or
   3. (3) Create a nongeneral power in any person to appoint to one or more of the permissible appointees of the original nongeneral power.

(L. 2016 H.B. 1765)