§ 162B.440

Nev. Rev. Stat. § 162B.440

Power to contract: Presently exercisable power of appointment

Effective Oct 1, 2017(Added to NRS by 2017, 1378)

A powerholder of a presently exercisable power of appointment may contract:

1. Not to exercise the power; or
2. To exercise the power if the contract when made does not confer a benefit on an impermissible appointee.

(Added to NRS by 2017, 1378)