New Mexico Statutes

§ 45-6-202 — Limitation on scope

New Mexico·Ch. 45 Uniform Probate Code·Art. 6 Nonprobate Transfers
Sections 45-6-201 through 45-6-227 NMSA 1978 do not apply to: A. an account established for a partnership, joint venture or other organization for a business purpose; B. an account controlled by one or more persons as an agent or trustee for a corporation, unincorporated association, or charitable or civic organization; or C. a fiduciary or trust account in which the relationship is established other than by the terms of the account.

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Legislative History

1978 Comp., § 45-6-202, enacted by Laws 1992, ch. 66, § 19.

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