Title 153 · NRS Chapter 153
Effect of power of appointment.
Citation: NRS 153.130
Section: 153.153.130
NRS
153.130
Effect of power of appointment.
Except as otherwise provided in a will establishing a testamentary trust, a person holding a power of appointment pursuant to a testamentary trust does not owe a fiduciary duty to any person and is not liable to any person with respect to the exercise or nonexercise of the power of appointment.
(Added to NRS by 2011, 1458 )