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Statute 30 4614 — Nebraska Law | CourtGPT
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  6. Statute 30 4614
Nebraska Legal Code

Statute 30 4614

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30-4614. Substantial compliance with donor-imposed formal requirement.A powerholder's substantial compliance with a formal requirement of appointment imposed by the donor, including a requirement that the instrument exercising the power of appointment make reference or specific reference to the power, is sufficient if:(1) the powerholder knows of and intends to exercise the power; and(2) the powerholder's manner of attempted exercise of the power does not impair a material purpose of the donor in imposing the requirement.Source Laws 2021, LB501, § 37.