NRS 162B.420
Method of release.

A powerholder of a releasable power of appointment may release the power in whole or in part:

1.

By substantial compliance with a method provided in the terms of the instrument creating the power; or

2.

If the terms of the instrument creating the power do not provide a method or the method provided in the terms of the instrument is not expressly made exclusive, by a record manifesting the powerholder’s intent by clear and convincing evidence.

Source: Section 162B.420 — Method of release., https://www.leg.state.nv.us/NRS/NRS-162B.html#NRS162BSec420.

162B.400
Disclaimer. 162B.410
Authority to release. 162B.420
Method of release. 162B.430
Revocation or amendment of release. 162B.440
Power to contract: Presently exercisable power of appointment. 162B.450
Power to contract: Power of appointment not presently exercisable. 162B.460
Remedy for breach of contract to appoint or not to appoint.

Last Updated

Jun. 24, 2021

§ 162B.420’s source at nv.us

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Location: https://nevada.public.law/statutes/nrs_162b.420

Original Source: Section 162B.420 — Method of release., https://www.leg.state.nv.us/NRS/NRS-162B.html#NRS162BSec420 (last accessed Jun. 24, 2021).

NRS 162B.420 Method of release.

1.

2.

NRS 162B.420
Method of release.