NRS 162B.230: Exception to presumption of unlimited authority.
Where this section sits in the code
- TITLE 13 — GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS
- CHAPTER 162B - POWERS OF APPOINTMENT (UNIFORM ACT)
- CREATION, REVOCATION AND AMENDMENT OF POWER OF APPOINTMENT
Unless the terms of the instrument creating a power of appointment manifest a contrary intent, the power is nongeneral if:
1. The power is exercisable only at the powerholder’s death; and
2. The permissible appointees of the power are a defined and limited class that does not include the powerholder’s estate, the powerholder’s creditors or the creditors of the powerholder’s estate.
Collected 2026-09-03T05:51:33Z. Source file · JSON