{"data":{"id":"us-nv/nrs-162b.300","jurisdiction":"us-nv","citation":"NRS 162B.300","heading":"Requisites for exercise of power of appointment.","body":"A power of appointment is exercised only:\n1. If the instrument exercising the power is valid under applicable law;\n2. If the terms of the instrument exercising the power:\n(a) Manifest the powerholder’s intent to exercise the power; and\n(b) Subject to NRS 162B.315, satisfy the requirements of exercise, if any, imposed by the donor; and\n3. To the extent the appointment is a permissible exercise of the power.","path":["TITLE 13 — GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS","CHAPTER 162B - POWERS OF APPOINTMENT (UNIFORM ACT)","EXERCISE OF POWER OF APPOINTMENT"],"source_url":"https://www.leg.state.nv.us/NRS/NRS-162B.html#NRS162BSec300","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:33Z","sha256":"3f28932208f4caf9f9ed84405508cba9e44788f4ecf5f94e1743305cd0d32775","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-162b.250","next":"us-nv/nrs-162b.305"},"notice":"GroundRules: Original legal text. Not legal advice."}