Nebraska Statutes

§ 30-4608 — Exception to presumption of unlimited authority

Nebraska § 30-4608
JurisdictionNebraska
Ch. 30Decedents' Estates; Protection of Persons and Property

This text of Nebraska § 30-4608 (Exception to presumption of unlimited authority) is published on Counsel Stack Legal Research, covering Nebraska primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Neb. Rev. Stat. § 30-4608 (2026).

Text

Unless the terms of the instrument creating a power of appointment manifest a contrary intent, the power is nongeneral if:

(1)the power is exercisable only at the powerholder's death; and
(2)the permissible appointees of the power are a defined and limited class that does not include the powerholder's estate, the powerholder's creditors, or the creditors of the powerholder's estate.

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Legislative History

Source: Laws 2021, LB501, § 31.

Nearby Sections

15
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Bluebook (online)
Nebraska § 30-4608, Counsel Stack Legal Research, https://law.counselstack.com/statute/ne/30-4608.