2006 Nebraska Revised Statutes - § 49-1558 — Plenary power subject to limitations, how construed.

Section 49-1558
Plenary power subject to limitations, how construed.

Reference to or other use in a statutory short form or other version of a power of attorney, in the identical indicated words and not in any other formulation of words, of the exact short form expression, plenary power subject to limitations, shall be equivalent to the use of, shall be construed and interpreted with the force and effect of, and shall be deemed to incorporate at length and in full the provisions of the full expression, as further expanded by any additional incorporation required by reference to or use of other provisions of the Nebraska Short Form Act to be effected, and shall mean that the principal confers upon the agent plenary power except for and exclusive of General Power for Domestic and Personal Concerns and General Power for Fiduciary Relationships, except for and exclusive of any one or more other general powers or specific authorities expressly indicated by the principal to be excluded, and subject to any one or more other restrictions expressly indicated by the principal to limit the scope of plenary power.

Source:

Laws 1988, LB 475, § 58

~Reissue Revised Statutes of Nebraska