Neb. Rev. Stat. §§ 30-4603

Current with changes through the 2024 First Special Legislative Session

Section 30-4603 - Governing law

Unless the terms of the instrument creating a power of appointment manifest a contrary intent:

(1) the creation, revocation, or amendment of the power is governed by the law of the donor's domicile at the relevant time; and

(2) the exercise, release, renunciation, or disclaimer of the power, or the revocation or amendment of the exercise, release, renunciation, or disclaimer of the power, is governed by the law of the powerholder's domicile at the relevant time.

Neb. Rev. Stat. §§ 30-4603

Laws 2021, LB 501, § 26.

Laws 2021, LB 501,§ 26, eff. 8/28/2021.