Statute 162b 310

Unless the terms of the instrument exercising a power of appointment manifest a contrary intent: 1. Except as otherwise provided in subsection 2, a blanket-exercise clause extends to a power acquired by the powerholder after executing the instrument containing the clause; and 2. If the powerholder is also the donor of the power, the clause does not extend to the power unless there is no gift-in-default clause or the gift-in-default clause is ineffective. (Added to NRS by 2017, 1375)