Selective allocation doctrine

NMSA 1978, § 46-11-308 — under Article 11.

NMSA 1978, § 46-11-308

If a powerholder exercises a power of appointment in a disposition that also disposes of property the powerholder owns, the owned property and the appointive property must be allocated in the permissible manner that best carries out the powerholder's intent. History: Laws 2016, ch. 69, § 308.