Nevada § 162B.340 - Capture doctrine: Disposition of ineffectively appointed property under general power
Full text of Nevada Nevada Revised Statutes § 162B.340 — Capture doctrine: Disposition of ineffectively appointed property under general power, with citation guidance and answers to common questions.
§ 162B.340. Capture doctrine: Disposition of ineffectively appointed property under general power
To the extent a powerholder of a general power of appointment, other than a power
to withdraw property from, revoke or amend a trust, makes an ineffective appointment: 1. The gift-in-default clause controls the disposition of the ineffectively appointed
property; or 2. If there is no gift-in-default clause or to the extent the clause is ineffective,
the ineffectively appointed property: (a) Passes to: (1) The powerholder if the powerholder is a permissible appointee and living; or (2) If the powerholder is an impermissible appointee or deceased, the powerholder's
estate if the estate is a permissible appointee; or (b) If there is no taker under paragraph (a), passes under a reversionary interest
to the donor or the donor's transferee or successor in interest.
Source: official Nevada text · Last verified 2026-08-27
Frequently Asked Questions About Nevada § 162B.340
What does Nevada Revised Statutes § 162B.340 cover?
Section 162B.340 ("Capture doctrine: Disposition of ineffectively appointed property under general power") is part of the Nevada Revised Statutes, the codified statutory law of Nevada. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Nevada § 162B.340?
A common citation format is "Nevada Revised Statutes § 162B.340" (Nevada). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Nevada law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Nevada official source linked on this page or consult a licensed Nevada attorney.
How does Nevada § 162B.340 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Nevada can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Nevada.