NRS 162B.450 - Power to contract: Power of appointment not presently exercisable.

NV Rev Stat § 162B.450 (2019) (N/A)
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A powerholder of a power of appointment that is not presently exercisable may contract to exercise or not to exercise the power only if the powerholder:

1. Is also the donor of the power; and

2. Has reserved the power in a revocable trust.

(Added to NRS by 2017, 1378)