NRS 162B.230
Exception to presumption of unlimited authority.

Unless the terms of the instrument creating a power of appointment manifest a contrary intent, the power is nongeneral if:

1.

The power is exercisable only at the powerholder’s death; and

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.

Source: Section 162B.230 — Exception to presumption of unlimited authority., https://www.­leg.­state.­nv.­us/NRS/NRS-162B.­html#NRS162BSec230.

Last Updated

Jun. 24, 2021

§ 162B.230’s source at nv​.us