NRS 162B.300
Requisites for exercise of power of appointment.

A power of appointment is exercised only:

1.

If the instrument exercising the power is valid under applicable law;

2.

If the terms of the instrument exercising the power:

(a)

Manifest the powerholder’s intent to exercise the power; and

(b)

Subject to NRS 162B.315, satisfy the requirements of exercise, if any, imposed by the donor; and

3.

To the extent the appointment is a permissible exercise of the power.

Source: Section 162B.300 — Requisites for exercise of power of appointment., https://www.­leg.­state.­nv.­us/NRS/NRS-162B.­html#NRS162BSec300.

Last Updated

Jun. 24, 2021

§ 162B.300’s source at nv​.us