{"data":{"id":"us-nm/46-11-306","jurisdiction":"us-nm","citation":"46-11-306","heading":"Appointment to deceased appointee or permissible appointee's descendant.","body":"A. Subject to Sections 45-2-603 and 45-2-707 NMSA 1978, an appointment to a deceased appointee is ineffective.\nB. Unless the terms of the instrument creating a power of appointment manifest a contrary intent, a powerholder of a nongeneral power may exercise the power in favor of, or create a new power of appointment in, a descendant of a deceased permissible appointee whether or not the descendant is described by the donor as a permissible appointee.","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":"dd75e66d34b9e9a87793fc3577d37f496c6c2e1a49d6ec7e62913a4a7f17a929","source_id":"us-nm","stale":false,"prev":"us-nm/46-11-305","next":"us-nm/46-11-307"},"notice":"GroundRules: Original legal text. Not legal advice."}
