{"data":{"id":"us-nv/nrs-162b.350","jurisdiction":"us-nv","citation":"NRS 162B.350","heading":"Disposition of unappointed property under released or unexercised nongeneral power.","body":"To the extent a powerholder releases, ineffectively exercises or fails to exercise a nongeneral power of appointment:\n1. The gift-in-default clause controls the disposition of the unappointed property; or\n2. If there is no gift-in-default clause or to the extent the clause is ineffective, the unappointed property:\n(a) Passes to the permissible appointees if:\n(1) The permissible appointees are defined and limited; and\n(2) The terms of the instrument creating the power do not manifest a contrary intent; or\n(b) If there is no taker under paragraph (a), passes under a reversionary interest to the donor or the donor’s transferee or successor in interest.","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#NRS162BSec350","current_through":"2025 session (NRS as revised 2026-08-25)","vintage":"","retrieved_at":"2026-09-03T05:51:33Z","sha256":"4ef5942f17054825b9493de7dcc039834c03458ef408639c9f7ea304ce74568f","source_id":"us-nv","stale":true,"prev":"us-nv/nrs-162b.345","next":"us-nv/nrs-162b.355"},"notice":"GroundRules: Original legal text. Not legal advice."}