Nev. Rev. Stat. § 162B.440

Power to contract: Presently exercisable power of appointment.

Last amended: 2017Year: 2026Length: 43 wordsOfficial source
A powerholder of a presently exercisable power of appointment may contract: 1. Not to exercise the power; or 2. To exercise the power if the contract when made does not confer a benefit on an impermissible appointee. (Added to NRS by 2017, 1378)
Nev. Rev. Stat. § 162B.440: Power to contract: Presently exercisable power of appointment. | Justis AI