New Mexico Statutes
§ 46-11-405 — Power to contract; presently exercisable power of
New Mexico § 46-11-405
This text of New Mexico § 46-11-405 (Power to contract; presently exercisable power of) 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. § 46-11-405 (2026).
Text
appointment. A powerholder of a presently exercisable power of appointment may contract: A. not to exercise the power; or B. to exercise the power if the contract when made does not confer a benefit on an impermissible appointee.
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Legislative History
Laws 2016, ch. 69, § 405.
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Repealed§ 46-1-10
Repealed§ 46-1-11
Repealed§ 46-1-14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Repealed§ 46-1-3
Repealed§ 46-1-4
Repealed§ 46-1-5
Repealed§ 46-1-6
Repealed§ 46-1-7
Repealed§ 46-1-8
RepealedCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 46-11-405, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/46/46-11-405.