N.M. Stat. § 46-11-103

Current through 2024, ch. 69

Section 46-11-103 - Governing law

Unless the terms of the instrument creating a power of appointment manifest a contrary intent:

A. the creation, revocation or amendment of the power is governed by the law of the donor's domicile at the relevant time; and

B. the exercise, release or disclaimer of the power, or the revocation or amendment of the exercise, release or disclaimer of the power, is governed by the law of the powerholder's domicile at the relevant time.

NMS § 46-11-103

Laws 2016, ch. 69, § 103.

Added by 2016, c. 69,s. 103, eff. 1/1/2017.