Title 165 · NRS Chapter 165
Limitations on duties and liability of person with power of appointment.
Citation: NRS 165.149
Section: 165.165.149
NRS
165.149
Limitations on duties and liability of person with power of appointment.
Except as otherwise provided in a trust instrument, a person holding a power of appointment pursuant to a nontestamentary 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, 1477 )
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