Limitations on duties and liability of person with power of appointment.
Nev. Rev. Stat. § 165.149
in effectExcept 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.
Source: NV Statutes (Official Site)URL: https://www.leg.state.nv.us/nrs/NRS-165.htmlFetched: 10/4/2026
