NRS 162B.310: Intent to exercise: After-acquired power.
Where this section sits in the code
- TITLE 13 — GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS
- CHAPTER 162B - POWERS OF APPOINTMENT (UNIFORM ACT)
- EXERCISE OF POWER OF APPOINTMENT
Unless the terms of the instrument exercising a power of appointment manifest a contrary intent:
1. Except as otherwise provided in subsection 2, a blanket-exercise clause extends to a power acquired by the powerholder after executing the instrument containing the clause; and
2. If the powerholder is also the donor of the power, the clause does not extend to the power unless there is no gift-in-default clause or the gift-in-default clause is ineffective.
Collected 2026-09-03T05:51:33Z. Source file · JSON