"Power of appointment" defined.

1. Law
2. Nevada Revised Statutes
3. Powers of Appointment (Uniform Act)
4. "Power of appointment" defined.

"Power of appointment" means a power that enables a powerholder acting in a nonfiduciary capacity to designate a recipient of an ownership interest in or another power of appointment over the appointive property. The term does not include a power of attorney.

(Added to NRS by 2017, 1373)

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