{"data":{"id":"us-nm/46-11-303","jurisdiction":"us-nm","citation":"46-11-303","heading":"Intent to exercise; after-acquired power.","body":"Unless the terms of the instrument exercising a power of appointment manifest a contrary intent:\nA. except as otherwise provided in Subsection B of this section, a blanket-exercise clause extends to a power acquired by the powerholder after executing the instrument containing the clause; and\nB. if the powerholder is also the donor of the power, the clause does not extend to the power unless there is no gift-in-default clause or the gift-in-default clause is ineffective.","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":"e97861daf3b7d18ba286ae9443a77fa51eee77c3fec198f1a262e108b897778d","source_id":"us-nm","stale":false,"prev":"us-nm/46-11-302","next":"us-nm/46-11-304"},"notice":"GroundRules: Original legal text. Not legal advice."}