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New Mexico · Through 2024-04-26

46-11-312: Disposition of unappointed property if partial appointment to taker in default.

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Where this section sits in the code
  1. Chapter 46 - Fiduciaries and Trusts
  2. ARTICLE 11 Uniform Powers of Appointment

Unless the terms of the instrument creating or exercising a power of appointment manifest a contrary intent, if the powerholder makes a valid partial appointment to a taker in default of appointment, the taker in default of appointment may share fully in unappointed property.

Collected 2026-09-03T15:02:19Z. Source file · JSON

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