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2020 Nevada Revised Statutes
Chapter 162B - Powers of Appointment (Uniform Act)
NRS 162B.310 - Intent to exercise: After-acquired power.
Universal Citation: NV Rev Stat § 162B.310 (2020)
Unless the terms of the instrument exercising a power of appointment manifest a contrary intent:
1. Except as otherwise provided in subsection 2, a blanket-exercise clause extends to a power acquired by the powerholder after executing the instrument containing the clause; and
2. If the powerholder is also the donor of the power, the clause does not extend to the power unless there is no gift-in-default clause or the gift-in-default clause is ineffective.
(Added to NRS by 2017, 1375)
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