Nev. Rev. Stat. § 162B.330

Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 162B.330 - Impermissible appointment
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.

NRS 162B.330

Added to NRS by 2017, 1376
Added to NRS by 2017, Ch. 262, § 36