30-4607. Presumption of unlimited authority.
40 words·~1 min read·
/ne/chapter-30/30-4607A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.