Nevada Revised Statutes (Last Updated: December 24, 2014) |
TITLE13 GUARDIANSHIPS; CONSERVATORSHIPS; TRUSTS |
CHAPTER163. Trusts |
CONTROL OF TRUSTS |
NRS163.4157. “Power of appointment” defined.
Latest version.
- “Power of appointment” means an inter vivos or testamentary power, held by a person other than the settlor, to direct the disposition of trust property, other than a distribution decision by a trustee to a beneficiary.
(Added to NRS by 2009, 785)