N.M. Stat. § 45-1-403.2

Current through 2024, ch. 69

Section 45-1-403.2 - Representation by holder of general testamentary power of appointment

To the extent there is no conflict of interest between the holder of a general testamentary power of appointment and the persons represented with respect to the particular question or dispute, the holder may represent and bind persons whose interests, as permissible appointees, takers in default or otherwise, are subject to the power.

NMS § 45-1-403.2

1978 Comp., § 45-1-403.2, enacted by Laws 2016, ch. 69, § 705.

Added by 2016, c. 69,s. 705, eff. 7/1/2016.