N.M. Stat. § 45-2-704
Power of appointment; compliance with specific reference
requirement.
A powerholder's substantial compliance with a formal requirement of appointment
imposed in a governing instrument by the donor, including a requirement that the
instrument exercising the power of appointment make reference or specific reference to
the power, is sufficient if:
A. the powerholder knows of and intends to exercise the power; and
B. the powerholder's manner of attempted exercise does not impair a material
purpose of the donor in imposing the requirement.