{"data":{"id":"us-nm/46-11-204","jurisdiction":"us-nm","citation":"46-11-204","heading":"Exception to presumption of unlimited authority.","body":"Unless the terms of the instrument creating a power of appointment manifest a contrary intent, the power is nongeneral if:\nA. the power is exercisable only at the powerholder's death; and\nB. the permissible appointees of the power are a defined and limited class that does not include the powerholder's estate, the powerholder's creditors or the creditors of the powerholder's estate.","path":["Chapter 46 - Fiduciaries and Trusts","ARTICLE 11 Uniform Powers of Appointment"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18547/index.do","current_through":"2024-04-26","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"5cacbd9344c712d94d2135a650515a6be7ec8fba09d7a1b12e6115de6b0fbddf","source_id":"us-nm","stale":false,"prev":"us-nm/46-11-203","next":"us-nm/46-11-205"},"notice":"GroundRules: Original legal text. Not legal advice."}