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Code · Nevada · CHAPTER 165 - TRUSTEES’ ACCOUNTING (UNIFORM ACT)

NRS 165.149 Limitations on duties and liability of person with power of appointment.

64 words·~1 min read·/nv/chapter-165-trustees-accounting-uniform-act/165-149·

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NRS 165.149 Limitations on duties and liability of person with power of appointment. Except as otherwise provided in a trust instrument, a person holding a power of appointment pursuant to a nontestamentary trust does not owe a fiduciary duty to any person and is not liable to any person with respect to the exercise or nonexercise of the power of appointment.
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