Nev. Rev. Stat. § 162B.440

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1

Section 162B.440 - Power to contract: Presently exercisable power of appointment

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.

NRS 162B.440

Added to NRS by 2017, 1378

Added to NRS by 2017, Ch. 262, § 48