30-4616. Appointment to deceased appointee or permissible appointee's descendant.
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/ne/chapter-30/30-4616A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Subject to section 30-2343 , an appointment to a deceased appointee is ineffective.
(b)Unless the terms of the instrument creating a power of appointment manifest a contrary intent, a powerholder of a nongeneral power may exercise the power in favor of, or create a new power of appointment in, a descendant of a deceased permissible appointee whether or not the descendant is described by the donor as a permissible appointee.