Nev. Rev. Stat. § 162B.095 – “Taker in default of appointment” defined | Midpage
§ 162B.095
Nev. Rev. Stat. § 162B.095
“Taker in default of appointment” defined
Effective Oct 1, 2017(Added to NRS by 2017, 1373)
“Taker in default of appointment” means a person that takes all or part of the appointive property to the extent the powerholder does not effectively exercise the power of appointment.