Disclaimer
Known as the Uniform Powers of Appointment Act
The act spans §§ 46–46 (38 sections).
Laws 2016, ch. 69, § 401.
As provided by the Uniform Disclaimer of Property Interests Act [ 45-2-1101 to 45-2-1116 NMSA 1978]:
A. a powerholder may disclaim all or part of a power of appointment; and
B. a permissible appointee, appointee or taker in default of appointment may disclaim all or part of an interest in appointive property.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.