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Neb. Rev. Stat. § 30-4614

Substantial compliance with donor-imposed formal requirement

Laws 2021, LB501, § 37.

A powerholder's substantial compliance with a formal requirement of appointment imposed by the donor, including a requirement that the instrument exercising the power of appointment make reference or specific reference to the power, is sufficient if: (1) the powerholder knows of and intends to exercise the power; and (2) the powerholder's manner of attempted exercise of the power does not impair a material purpose of the donor in imposing the requirement.

Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.