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2020 Nevada Revised Statutes
Chapter 153 - Administration of Trusts; Estates for Life and Years
NRS 153.130 - Effect of power of appointment.
Universal Citation: NV Rev Stat § 153.130 (2020)
Except as otherwise provided in a will establishing a testamentary trust, a person holding a power of appointment pursuant to a testamentary trust does not owe a fiduciary duty to any person and is not liable to any person with respect to the exercise or nonexercise of the power of appointment.
(Added to NRS by 2011, 1458)
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