Statutes, codes, and regulations
Nevada Revised Statutes
Title 13 - GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTSChapter 162B - POWERS OF APPOINTMENT (UNIFORM ACT)
EXERCISE OF POWER OF APPOINTMENT
Section 162B.355 - Disposition of unappointed property if partial appointment to taker in default

Nev. Rev. Stat. § 162B.355

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Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 162B.355 - Disposition of unappointed property if partial appointment to taker in default

Unless the terms of the instrument creating or exercising a power of appointment manifest a contrary intent, if the powerholder makes a valid partial appointment to a taker in default of appointment, the taker in default of appointment may share fully in unappointed property.

NRS 162B.355

Added to NRS by 2017, 1377
Added to NRS by 2017, Ch. 262, § 41