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Statute 162b 315 — Nevada Law | CourtGPT
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Nevada Legal Code

Statute 162b 315

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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. (Added to NRS by 2017, 1375)