NRS 162B.450
Power to contract: Power of appointment not presently exercisable.

A powerholder of a power of appointment that is not presently exercisable may contract to exercise or not to exercise the power only if the powerholder:

1.

Is also the donor of the power; and

2.

Has reserved the power in a revocable trust.

Source: Section 162B.450 — Power to contract: Power of appointment not presently exercisable., https://www.leg.state.nv.us/NRS/NRS-162B.html#NRS162BSec450.

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

Feb. 5, 2021

§ 162B.450’s source at nv.us

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Location: https://nevada.public.law/statutes/nrs_162b.450

Original Source: Section 162B.450 — Power to contract: Power of appointment not presently exercisable., https://www.leg.state.nv.us/NRS/NRS-162B.html#NRS162BSec450 (last accessed Feb. 5, 2021).

NRS 162B.450 Power to contract: Power of appointment not presently exercisable.

1.

2.

NRS 162B.450
Power to contract: Power of appointment not presently exercisable.