Blanket-exercise clause defined.
Nev. Rev. Stat. § 162B.025
in effectBlanket-exercise clause means a clause in an instrument which exercises a power of appointment and is not a specific-exercise clause. The term includes a clause that:
1. Expressly uses the words any power in exercising any power of appointment the powerholder has;
2. Expressly uses the words any property in appointing any property over which the powerholder has a power of appointment; or
3. Disposes of all property subject to disposition by the powerholder.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-162B.htmlFetched: 10/4/2026