Neb. Rev. Stat. §§ 30-4623

Current with changes through the 2024 First Special Legislative Session
Section 30-4623 - Appointment to taker in default

If a powerholder makes an appointment to a taker in default of appointment and the appointee would have taken the property under a gift in default clause had the property not been appointed, the power of appointment is deemed not to have been exercised and the appointee takes under the clause.

Neb. Rev. Stat. §§ 30-4623

Laws 2021, LB 501, § 46.
Laws 2021, LB 501,§ 46, eff. 8/28/2021.