Nevada Revised Statutes 162B.025 – ‘Blanket-exercise clause’ defined
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‘Blanket-exercise clause’ means a clause in an instrument which exercises a power of appointment and is not a specific-exercise clause. The term includes a clause that:
1. Expressly uses the words ‘any power’ in exercising any power of appointment the powerholder has;
2. Expressly uses the words ‘any property’ in appointing any property over which the powerholder has a power of appointment; or
3. Disposes of all property subject to disposition by the powerholder.