New Mexico § 46-11-304 Substantial compliance with donor-imposed formal

New Mexico Statutes

§ 46-11-304 — Substantial compliance with donor-imposed formal

New Mexico § 46-11-304

Ch. 46Fiduciaries and Trusts

Art. 3EXERCISE OF POWER OF APPOINTMENT

This text of New Mexico § 46-11-304 (Substantial compliance with donor-imposed formal) 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. § 46-11-304 (2026).

Text

requirement. A powerholder's substantial compliance with a formal requirement of appointment imposed 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 of the power does not impair a material purpose of the donor in imposing the requirement.

Free access — add to your briefcase to read the full text and ask questions with AI

requirement. A powerholder's substantial compliance with a formal requirement of appointment imposed 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 of the power does not impair a material purpose of the donor in imposing the requirement.