Nevada § 162B.420 Method of release

Nevada Statutes

§ 162B.420 — Method of release

Nevada § 162B.420

Title 13GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS

Ch. 162BPowers

DISCLAIMER OR RELEASE; CONTRACT TO APPOINT OR NOT TO APPOINT

This text of Nevada § 162B.420 (Method of release) 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.420 (2026).

Text

A powerholder of a releasable power of appointment may release the power in whole or in part:

1.By substantial compliance with a method provided in the terms of the instrument creating the power; or

2.If the terms of the instrument creating the power do not provide a method or the method provided in the terms of the instrument is not expressly made exclusive, by a record manifesting the powerholder’s intent by clear and convincing evidence.

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A powerholder of a releasable power of appointment may release the power in whole or in part:
1. By substantial compliance with a method provided in the terms of the instrument creating the power; or
2. If the terms of the instrument creating the power do not provide a method or the method provided in the terms of the instrument is not expressly made exclusive, by a record manifesting the powerholder’s intent by clear and convincing evidence.