Impermissible appointment
Known as the Uniform Powers of Appointment Act
The act spans §§ 162–162 (56 sections).
(Added to NRS by 2017, 1376)
1. Except as otherwise provided in NRS 162B.325, an exercise of a power of appointment in favor of an impermissible appointee is ineffective.
2. 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.
Official source: Nevada Legislature. Reproduced from public-domain Nevada statutes; confirm against the official source for the current text. Not legal advice.