New Mexico Statutes
§ 46-11-203 — Presumption of unlimited authority
Subject to Section 205 [46-11-205 NMSA 1978] of the Uniform Powers of Appointment Act, and unless the terms of the instrument creating a power of appointment manifest a contrary intent, the power is: A. presently exercisable; B. exclusionary; and C. except as otherwise provided in Section 204 [46-11-204 NMSA 1978] of the Uniform Powers of Appointment Act, general.
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Legislative History
Laws 2016, ch. 69, § 203.
Nearby Sections
15
§ 46-1-1
Repealed§ 46-1-10
Repealed§ 46-1-11
Repealed§ 46-1-14
Court accountings§ 46-1-15
Uniformity of interpretation§ 46-1-16
Short title§ 46-1-2
Repealed§ 46-1-3
Repealed§ 46-1-4
Repealed§ 46-1-5
Repealed§ 46-1-6
Repealed§ 46-1-7
Repealed§ 46-1-8
Repealed