New Mexico Statutes

§ 46-7-15 — Transfer by gift or exercise of power of appointment

New Mexico·Ch. 46 Fiduciaries and Trusts·Art. 7 Transfers to Minors
A person may make a transfer by irrevocable gift to, or the irrevocable exercise of a power of appointment in favor of, a custodian for the benefit of a minor pursuant to Section 10 [46-7-20 NMSA 1978] of the Uniform Transfers to Minors Act.

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Legislative History

Laws 1989, ch. 357, § 5.

Nearby Sections

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