New Mexico Statutes

§ 46-11-313 — Appointment to taker in default

New Mexico § 46-11-313
JurisdictionNew Mexico
Ch. 46Fiduciaries and Trusts
Art. 3EXERCISE OF POWER OF APPOINTMENT

This text of New Mexico § 46-11-313 (Appointment to taker in default) 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. § 46-11-313 (2026).

Text

If a powerholder makes an appointment to a taker in default of appointment and the appointee would have taken the property under a gift-in-default clause had the property not been appointed, the power of appointment is deemed not to have been exercised and the appointee takes under the clause.

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Legislative History

Laws 2016, ch. 69, § 313.

Nearby Sections

15
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Bluebook (online)
New Mexico § 46-11-313, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/46/46-11-313.