Sec. 1. This chapter applies to a person who holds a power of appointment under any of the following:
(1) A last will and testament of a decedent.
(2) A deed.
(3) An indenture of trust inter vivos.
(4) An insurance policy.
(5) Any other contract or instrument.
[Pre-2002 Recodification Citation: 32-3-1-1 part.]
As added by P.L.2-2002, SEC.2.