Nevada § 162B.300 Requisites for exercise of power of appointment

Nevada Statutes

§ 162B.300 — Requisites for exercise of power of appointment

Nevada § 162B.300

Title 13GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS

Ch. 162BPowers

EXERCISE OF POWER OF APPOINTMENT

This text of Nevada § 162B.300 (Requisites for exercise of power of appointment) is published on Counsel Stack Legal Research, covering Nevada primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Nev. Rev. Stat. § 162B.300 (2026).

Text

A power of appointment is exercised only: 1. If the instrument exercising the power is valid under applicable law; 2. If the terms of the instrument exercising the power:

(a)Manifest the powerholder’s intent to exercise the power; and

(b)Subject to NRS 162B.315 , satisfy the requirements of exercise, if any, imposed by the donor; and 3. To the extent the appointment is a permissible exercise of the power.

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A power of appointment is exercised only:
1. If the instrument exercising the power is valid under applicable law;
2. If the terms of the instrument exercising the power:
(a) Manifest the powerholder’s intent to exercise the power; and
(b) Subject to NRS 162B.315 , satisfy the requirements of exercise, if any, imposed by the donor; and
3. To the extent the appointment is a permissible exercise of the power.