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Nebraska · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Neb. Rev. Stat. § 30-4609: Neb. Rev. Stat. § 30-4609

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  1. NE Code
  2. Chapter 30

(a) In this section, adverse party means a person with a substantial beneficial interest in property which would be affected adversely by a powerholder's exercise or nonexercise of a power of appointment in favor of the powerholder, the powerholder's estate, a creditor of the powerholder, or a creditor of the powerholder's estate.

(b) If a powerholder may exercise a power of appointment only with the consent or joinder of an adverse party, the power is nongeneral.

(c) If the permissible appointees of a power of appointment are not defined and limited, the power is exclusionary.

Collected 2026-09-14T18:32:21Z. Source file · JSON

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