2020 Nevada Revised Statutes
Chapter 162B - Powers of Appointment (Uniform Act)
NRS 162B.325 - Appointment to deceased appointee or permissible appointee’s descendant.

Universal Citation: NV Rev Stat § 162B.325 (2020)

1. Subject to NRS 133.200, an appointment to a deceased appointee is ineffective.

2. Unless the terms of the instrument creating a power of appointment manifest a contrary intent, a powerholder of a nongeneral power may exercise the power in favor of, or create a new power of appointment in, a descendant of a deceased permissible appointee whether or not the descendant is described by the donor as a permissible appointee.

(Added to NRS by 2017, 1376)

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