A powerholder’s substantial compliance with a formal requirement of appointment imposed by the donor, including a requirement that the instrument exercising the power of appointment make reference or specific reference to the power, is sufficient if:
1. The powerholder knows of and intends to exercise the power; and
2. The powerholder’s manner of attempted exercise of the power does not impair a material purpose of the donor in imposing the requirement.
(Added to NRS by 2017, 1375)
Structure Nevada Revised Statutes
Chapter 162B - Powers of Appointment (Uniform Act)
NRS 162B.015 - "Appointee" defined.
NRS 162B.020 - "Appointive property" defined.
NRS 162B.025 - "Blanket-exercise clause" defined.
NRS 162B.030 - "Donor" defined.
NRS 162B.035 - "Exclusionary power of appointment" defined.
NRS 162B.040 - "General power of appointment" defined.
NRS 162B.045 - "Gift-in-default clause" defined.
NRS 162B.050 - "Impermissible appointee" defined.
NRS 162B.055 - "Instrument" defined.
NRS 162B.060 - "Nongeneral power of appointment" defined.
NRS 162B.065 - "Permissible appointee" defined.
NRS 162B.070 - "Person" defined.
NRS 162B.075 - "Power of appointment" defined.
NRS 162B.080 - "Powerholder" defined.
NRS 162B.085 - "Presently exercisable power of appointment" defined.
NRS 162B.090 - "Specific-exercise clause" defined.
NRS 162B.095 - "Taker in default of appointment" defined.
NRS 162B.100 - "Terms of the instrument" defined.
NRS 162B.110 - Common law and principles of equity.
NRS 162B.200 - Creation of power of appointment.
NRS 162B.210 - Nontransferability.
NRS 162B.220 - Presumption of unlimited authority.
NRS 162B.230 - Exception to presumption of unlimited authority.
NRS 162B.240 - Rules of classification.
NRS 162B.250 - Power to revoke or amend.
NRS 162B.300 - Requisites for exercise of power of appointment.
NRS 162B.305 - Intent to exercise: Determining intent from residuary clause.
NRS 162B.310 - Intent to exercise: After-acquired power.
NRS 162B.315 - Substantial compliance with donor-imposed formal requirement.
NRS 162B.320 - Permissible appointment.
NRS 162B.325 - Appointment to deceased appointee or permissible appointee’s descendant.
NRS 162B.330 - Impermissible appointment.
NRS 162B.335 - Selective allocation doctrine.
NRS 162B.345 - Disposition of unappointed property under released or unexercised general power.
NRS 162B.350 - Disposition of unappointed property under released or unexercised nongeneral power.
NRS 162B.355 - Disposition of unappointed property if partial appointment to taker in default.
NRS 162B.360 - Appointment to taker in default.
NRS 162B.365 - Powerholder’s authority to revoke or amend exercise; exceptions.
NRS 162B.410 - Authority to release.
NRS 162B.420 - Method of release.
NRS 162B.430 - Revocation or amendment of release.
NRS 162B.440 - Power to contract: Presently exercisable power of appointment.
NRS 162B.450 - Power to contract: Power of appointment not presently exercisable.
NRS 162B.460 - Remedy for breach of contract to appoint or not to appoint.
NRS 162B.500 - Creditor claim: General power created by powerholder.
NRS 162B.510 - Certain property exempt from creditor claims.
NRS 162B.520 - Power to withdraw.
NRS 162B.530 - Creditor claim: Nongeneral power.
NRS 162B.600 - Uniformity of application and construction.
NRS 162B.610 - Relation to Electronic Signatures in Global and National Commerce Act.