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Form a Business

Power to contract: Power of appointment not presently exercisable.

Neb. Rev. Stat. § 30-4630
in effect
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30-4630. Power to contract: Power of appointment not presently exercisable. A powerholder of a power of appointment that is not presently exercisable may contract to exercise or not to exercise the power only if the powerholder: (1) is also the donor of the power; and (2) has reserved the power in a revocable trust. Laws 2021, LB501, § 53.
Source: Nebraska Legislature (nebraskalegislature.gov)URL: https://nebraskalegislature.gov/laws/statutes.php?statute=30-4630Fetched: 10/20/2026

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