New Mexico § 45-5-431 Payment of debt and delivery of property to foreign

New Mexico Statutes

§ 45-5-431 — Payment of debt and delivery of property to foreign

New Mexico § 45-5-431

Ch. 45Uniform Probate Code

Art. 5Protection of Persons Under Disability and Their

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Bluebook

N.M. Stat. Ann. § 45-5-431 (2026).

Text

conservator without local proceedings. A. Any person indebted to a protected person, or having possession of property or of an instrument evidencing a debt, stock or chose in action belonging to a protected person, may pay or deliver to a conservator, guardian of the estate or other like fiduciary appointed by a court of the state of residence of the protected person, upon being presented with proof of his appointment and an affidavit made by him stating that:

(1)no protective proceeding relating to the protected person is pending in New Mexico; and (2) the foreign conservator is entitled to payment or to receive delivery. B. If the person to whom the affidavit is presented pursuant to Subsection A of this section is not aware of any protective proceeding pending in New Mexico, payment or

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conservator without local proceedings. A. Any person indebted to a protected person, or having possession of property or of an instrument evidencing a debt, stock or chose in action belonging to a protected person, may pay or deliver to a conservator, guardian of the estate or other like fiduciary appointed by a court of the state of residence of the protected person, upon being presented with proof of his appointment and an affidavit made by him stating that: (1) no protective proceeding relating to the protected person is pending in New Mexico; and (2) the foreign conservator is entitled to payment or to receive delivery. B. If the person to whom the affidavit is presented pursuant to Subsection A of this section is not aware of any protective proceeding pending in New Mexico, payment or delivery in response to the demand and affidavit discharges the debtor or possessor.