“Gift-in-default clause” means a clause identifying a taker in default of appointment.
NRS 162B.045
“Gift-in-default clause” defined
Known as the Uniform Powers of Appointment Act
The act spans §§ 162–162 (56 sections).
(Added to NRS by 2017, 1373)
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.