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Code · Nebraska · Chapter 30 — Decedents' Estates; Protection of Persons and Property

30-2208. Acts by holder of general power.

84 words·~1 min read·/ne/chapter-30/30-2208

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

For the purpose of granting consent or approval with regard to the acts or accounts of a personal representative, including relief from liability or penalty for failure to post bond or to perform other duties, the sole holder or all coholders of a presently exercisable general power of appointment, including one in the form of a power of amendment or revocation, are deemed to act for beneficiaries to the extent their interests (as objects, takers in default, or otherwise) are subject to the power.
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