New Mexico Statutes 46-11-103. Governing law
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Unless the terms of the instrument creating a power of appointment manifest a contrary intent:
Terms Used In New Mexico Statutes 46-11-103
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Donor: The person who makes a gift.
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.