NRS 162B.310
Intent to exercise: After-acquired power.

Unless the terms of the instrument exercising a power of appointment manifest a contrary intent:

1.

Except as otherwise provided in subsection 2, a blanket-exercise clause extends to a power acquired by the powerholder after executing the instrument containing the clause; and

2.

If the powerholder is also the donor of the power, the clause does not extend to the power unless there is no gift-in-default clause or the gift-in-default clause is ineffective.

Source: Section 162B.310 — Intent to exercise: After-acquired power., https://www.­leg.­state.­nv.­us/NRS/NRS-162B.­html#NRS162BSec310.

Last Updated

Feb. 5, 2021

§ 162B.310’s source at nv​.us