New Mexico Statutes
§ 45-2-704 — Power of appointment; compliance with specific reference
New Mexico § 45-2-704
This text of New Mexico § 45-2-704 (Power of appointment; compliance with specific reference) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.M. Stat. Ann. § 45-2-704 (2026).
Text
requirement. A powerholder's substantial compliance with a formal requirement of appointment imposed in a governing instrument by the donor, including a requirement that the instrument exercising the power of appointment make reference or specific reference to the power, is sufficient if: A. the powerholder knows of and intends to exercise the power; and B. the powerholder's manner of attempted exercise does not impair a material purpose of the donor in imposing the requirement.
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Legislative History
1978 Comp., § 45-2-704, enacted by Laws 2019, ch. 221, § 2.
Nearby Sections
15
§ 45-1-101
Short title§ 45-1-102
Rule of construction; purposes of act§ 45-1-104
Severability§ 45-1-106
Effect of fraud and evasion§ 45-1-107
Evidence of death or status§ 45-1-108
Acts by holder of general power§ 45-1-109
Security interests not affected§ 45-1-201
Definitions§ 45-1-301
Application§ 45-1-302.1
Concurrent jurisdiction§ 45-1-303
Venue; multiple proceedings; transferCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 45-2-704, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/45/45-2-704.