Nebraska § 30-2208 Acts by holder of general power

Nebraska Statutes

§ 30-2208 — Acts by holder of general power

Nebraska·Ch. 30 Decedents' Estates; Protection of Persons and Property

For the purpose of granting consent or approval with regard to the acts or accounts of a personal representative, including relief from liability or penalty for failure to post bond or to perform other duties, the sole holder or all coholders of a presently exercisable general power of appointment, including one in the form of a power of amendment or revocation, are deemed to act for beneficiaries to the extent their interests (as objects, takers in default, or otherwise) are subject to the power.

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For the purpose of granting consent or approval with regard to the acts or accounts of a personal representative, including relief from liability or penalty for failure to post bond or to perform other duties, the sole holder or all coholders of a presently exercisable general power of appointment, including one in the form of a power of amendment or revocation, are deemed to act for beneficiaries to the extent their interests (as objects, takers in default, or otherwise) are subject to the power.

Nebraska § 30-2208 (Acts by holder of general power) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.