{"data":{"id":"us-nm/46-11-603","jurisdiction":"us-nm","citation":"46-11-603","heading":"Application to existing relationships.","body":"A. Except as otherwise provided in the Uniform Powers of Appointment Act, on and after January 1, 2017:\n(1) the Uniform Powers of Appointment Act applies to a power of appointment created before, on or after January 1, 2017;\n(2) the Uniform Powers of Appointment Act applies to a judicial proceeding concerning a power of appointment commenced on or after January 1, 2017;\n(3) the Uniform Powers of Appointment Act applies to a judicial proceeding concerning a power of appointment commenced before January 1, 2017 unless the court finds that application of a particular provision of the Uniform Powers of Appointment Act would interfere substantially with the effective conduct of the judicial proceeding or prejudice a right of a party, in which case the particular provision of the Uniform Powers of Appointment Act does not apply and the superseded law applies;\n(4) a rule of construction or presumption provided in the Uniform Powers of Appointment Act applies to an instrument executed before January 1, 2017 unless there is a clear indication of a contrary intent in the terms of the instrument; and\n(5) except as otherwise provided in Paragraphs (1) through (4) of this subsection, an action done before January 1, 2017 is not affected by the Uniform Powers of Appointment Act.\nB. If a right is acquired, extinguished or barred on the expiration of a prescribed period that commenced under New Mexico law other than the Uniform Powers of Appointment Act before January 1, 2017, the law continues to apply to the right.","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":"f101dbb692fc0359633176f458e46806c46b79e35001d284ce11230e79fe7d03","source_id":"us-nm","stale":false,"prev":"us-nm/46-11-602","next":"us-nm/46-12-101"},"notice":"GroundRules: Original legal text. Not legal advice."}