Uniform Powers of Appointment | Midpage

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New Mexico Statutes Annotated 1978

11

Uniform Powers of Appointment

State of New Mexico

46-11-101Short title 46-11-102Definitions 46-11-103Governing law 46-11-104Common law and principles of equity 46-11-201Creation of power of appointment 46-11-202Nontransferability 46-11-203Presumption of unlimited authority 46-11-204Exception to presumption of unlimited authority 46-11-205Rules of classification 46-11-206Power to revoke or amend 46-11-301Requisites for exercise of power of appointment 46-11-302Intent to exercise; determining intent from residuary clause 46-11-303Intent to exercise; after-acquired power 46-11-304Substantial compliance with donor-imposed formal requirement 46-11-305Permissible appointment 46-11-306Appointment to deceased appointee or permissible appointee's descendant 46-11-307Impermissible appointment 46-11-308Selective allocation doctrine 46-11-309Capture doctrine; disposition of ineffectively appointed property under general power 46-11-310Disposition of unappointed property under released or unexercised general power 46-11-311Disposition of unappointed property under released or unexercised nongeneral power 46-11-312Disposition of unappointed property if partial appointment to taker in default 46-11-313Appointment to taker in default 46-11-314Powerholder's authority to revoke or amend exercise 46-11-401Disclaimer 46-11-402Authority to release 46-11-403Method of release 46-11-404Revocation or amendment of release 46-11-405Power to contract; presently exercisable power of appointment 46-11-406Power to contract; power of appointment not presently exercisable 46-11-407Remedy for breach of contract to appoint or not to appoint 46-11-501Creditor claim; general power created by powerholder 46-11-502Creditor claim; general power not created by powerholder 46-11-503Power to withdraw 46-11-504Creditor claim; nongeneral power 46-11-601Uniformity of application and construction 46-11-602Relation to Electronic Signatures in Global and National Commerce Act 46-11-603Application to existing relationships