(a) Except as otherwise provided in section 30-4616 , an exercise of a power of appointment in favor of an impermissible appointee is ineffective. (b) An exercise of a power of appointment in favor of a permissible appointee is ineffective to the extent the appointment is a fraud on the power.
Neb. Rev. Stat. § 30-4617
Impermissible appointment
Laws 2021, LB501, § 40.
Official source: Nebraska Legislature. Reproduced from public-domain Nebraska statutes; confirm against the official source for the current text. Not legal advice.