2014 Nevada Revised Statutes
Chapter 165 - Trustees’ Accounting (Uniform Act)
NRS 165.126 - Broad power of appointment defined.

NV Rev Stat § 165.126 (2014) What's This?

Broad power of appointment means a power of appointment held by a person, commonly referred to as a power holder, that can be exercised in favor of:

1. The power holder, without any restriction or limitation; or

2. Any person other than one or more of the following:

(a) The power holder;

(b) The power holder s estate;

(c) The power holder s creditors; or

(d) The creditors of the power holder s estate.

(Added to NRS by 2011, 1471)

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