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Statute 162b 420 — Nevada Law | CourtGPT
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Nevada Legal Code

Statute 162b 420

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A powerholder of a releasable power of appointment may release the power in whole or in part: 1. By substantial compliance with a method provided in the terms of the instrument creating the power; or 2. If the terms of the instrument creating the power do not provide a method or the method provided in the terms of the instrument is not expressly made exclusive, by a record manifesting the powerholder’s intent by clear and convincing evidence. (Added to NRS by 2017, 1377)