Nev. Rev. Stat. § 162B.220

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 162B.220 - Presumption of unlimited authority

Subject to NRS 162B.240, and unless the terms of the instrument creating a power of appointment manifest a contrary intent, the power is:

1. Presently exercisable;

2. Exclusionary; and

3. Except as otherwise provided in NRS 162B.230, general.

NRS 162B.220

Added to NRS by 2017, 1374

Added to NRS by 2017, Ch. 262, § 26