New Mexico § 46-7-16 - Transfer authorized by will or trust
Full text of New Mexico New Mexico Statutes Annotated § 46-7-16 — Transfer authorized by will or trust, with citation guidance and answers to common questions.
§ 46-7-16. Transfer authorized by will or trust
A. A personal representative or trustee may make an irrevocable transfer pursuant
to Section 10 of the Uniform Transfers to Minors Act to a custodian for the benefit of a minor as authorized in the governing will or
trust. B. If the testator or settler has nominated a custodian under Section 4 of the Uniform Transfers to Minors Act to receive the custodial property, the transfer shall be made to that person. C. If the testator or settler has not nominated a custodian under Section 4 of that
act, or all persons so nominated as custodian die before the transfer or are unable,
decline or are ineligible to serve, the personal representative or the trustee, as
the case may be, shall designate the custodian from among those eligible to serve
as custodian for property of that kind under Section 9 of that act.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 46-7-16
What does New Mexico Statutes Annotated § 46-7-16 cover?
Section 46-7-16 ("Transfer authorized by will or trust") is part of the New Mexico Statutes Annotated, the codified statutory law of New Mexico. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Mexico § 46-7-16?
A common citation format is "New Mexico Statutes Annotated § 46-7-16" (New Mexico). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Mexico law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Mexico official source linked on this page or consult a licensed New Mexico attorney.
How does New Mexico § 46-7-16 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Mexico can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Mexico.