NRS 162B.200
Creation of power of appointment.

1.

A power of appointment is created only if:

(a)

The instrument creating the power is valid under applicable law; and

(b)

The terms of the instrument creating the power manifest the donor’s intent to create in a powerholder a power of appointment over the appointive property exercisable in favor of a permissible appointee.

2.

A power of appointment may not be created in a deceased individual.

3.

Subject to an applicable rule against perpetuities, a power of appointment may be created in an unborn or unascertained powerholder.

Source: Section 162B.200 — Creation of power of appointment., https://www.­leg.­state.­nv.­us/NRS/NRS-162B.­html#NRS162BSec200.

Last Updated

Jun. 24, 2021

§ 162B.200’s source at nv​.us