Nevada § 162B.365 Powerholder’s authority to revoke or amend exercise; exceptions

Nevada Statutes

§ 162B.365 — Powerholder’s authority to revoke or amend exercise; exceptions

Nevada § 162B.365

Title 13GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS

Ch. 162BPowers

EXERCISE OF POWER OF APPOINTMENT

This text of Nevada § 162B.365 (Powerholder’s authority to revoke or amend exercise; exceptions) 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.365 (2026).

Text

A powerholder may revoke or amend an exercise of a power of appointment unless:

1.The terms of the instrument exercising the power of appointment expressly state that the exercise is irrevocable or unamendable;

2.The terms of the instrument creating the power of appointment expressly state that the exercise is irrevocable or unamendable; or

3.The property is subject to a present exercisable power of appointment that has been delivered to the permissible appointee in whose favor the power was exercised, regardless of whether such delivery was made outright, in trust or as custodial property pursuant to chapter 167 of NRS.

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A powerholder may revoke or amend an exercise of a power of appointment unless:
1. The terms of the instrument exercising the power of appointment expressly state that the exercise is irrevocable or unamendable;
2. The terms of the instrument creating the power of appointment expressly state that the exercise is irrevocable or unamendable; or
3. The property is subject to a present exercisable power of appointment that has been delivered to the permissible appointee in whose favor the power was exercised, regardless of whether such delivery was made outright, in trust or as custodial property pursuant to chapter 167 of NRS.