New Mexico Statutes 46-11-204. Exception to presumption of unlimited authority
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Unless the terms of the instrument creating a power of appointment manifest a contrary intent, the power is nongeneral if:
A. the power is exercisable only at the powerholder’s death; and
B. the permissible appointees of the power are a defined and limited class that does not include the powerholder’s estate, the powerholder’s creditors or the creditors of the powerholder’s estate.