New Mexico § 46-11-103 Governing law

New Mexico Statutes

§ 46-11-103 — Governing law

New Mexico § 46-11-103

Ch. 46Fiduciaries and Trusts

Art. 1GENERAL PROVISIONS

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Bluebook

N.M. Stat. Ann. § 46-11-103 (2026).

Text

Unless the terms of the instrument creating a power of appointment manifest a contrary intent: A. the creation, revocation or amendment of the power is governed by the law of the donor's domicile at the relevant time; and B. the exercise, release or disclaimer of the power, or the revocation or amendment of the exercise, release or disclaimer of the power, is governed by the law of the powerholder's domicile at the relevant time.

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Unless the terms of the instrument creating a power of appointment manifest a contrary intent: A. the creation, revocation or amendment of the power is governed by the law of the donor's domicile at the relevant time; and B. the exercise, release or disclaimer of the power, or the revocation or amendment of the exercise, release or disclaimer of the power, is governed by the law of the powerholder's domicile at the relevant time.