New Mexico Statutes 46-11-403. Method of release
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A powerholder of a releasable power of appointment may release the power in whole or in part:
Terms Used In New Mexico Statutes 46-11-403
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
A. by substantial compliance with a method provided in the terms of the instrument creating the power; or
B. if the terms of the instrument creating the power do not provide a method or the method provided in the terms of the instrument is not expressly made exclusive, by a record manifesting the powerholder’s intent by clear and convincing evidence.