Nev. Rev. Stat. § 162B.420

Method of release.

Last amended: 2017Year: 2026Length: 83 wordsOfficial source
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. (Added to NRS by 2017, 1377)
Nev. Rev. Stat. § 162B.420: Method of release. | Justis AI