§ 60-299.16. Absolute power of disposition in grantee or beneficiary.  


Latest version.
  • When an absolute power of disposition is given to a grantee or a beneficiary under a will of real or personal property and no reversion, remainder or gift in default of the property undisposed of by the grantee or a beneficiary under a will is expressed in the instrument creating the power, the grantee or a beneficiary under a will shall be the absolute owner of the property.

Laws 1977, c. 210, § 16.