Rules of classification.

Nev. Rev. Stat. § 162B.240
in effect
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1. If a powerholder may exercise a power of appointment only with the consent or joinder of an adverse party, the power is nongeneral. 2. If the permissible appointees of a power of appointment are not defined and limited, the power is exclusionary. 3. As used in this section, “adverse party” means a person with a substantial beneficial interest in property which would be affected adversely by a powerholder’s exercise or nonexercise of a power of appointment in favor of the powerholder, the powerholder’s estate, a creditor of the powerholder or a creditor of the powerholder’s estate.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-162B.htmlFetched: 10/4/2026

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