Presumption of unlimited authority.
Neb. Rev. Stat. § 30-4607
in effect30-4607. Presumption of unlimited authority.
Subject to section 30-4609, and unless the terms of the instrument creating a power of appointment manifest a contrary intent, the power is:
(1) presently exercisable;
(2) exclusionary; and
(3) except as otherwise provided in section 30-4609, general.
Laws 2021, LB501, § 30.
Source: Nebraska Legislature (nebraskalegislature.gov)URL: https://nebraskalegislature.gov/laws/statutes.php?statute=30-4607Fetched: 10/20/2026
