New Mexico § 45-6-205 Designation of agent

New Mexico Statutes

§ 45-6-205 — Designation of agent

New Mexico § 45-6-205

Ch. 45Uniform Probate Code

Art. 6Nonprobate Transfers

This text of New Mexico § 45-6-205 (Designation of agent) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.M. Stat. Ann. § 45-6-205 (2026).

Text

A.By a writing signed by all parties, the parties may designate as agent of all parties on an account a person other than a party.

B.Unless the terms of an agency designation provide that the authority of the agent terminates on disability or incapacity of a party, the agent's authority survives disability and incapacity. The agent may act for a disabled or incapacitated party until the authority of the agent is terminated.

C.Death of the sole party or last surviving party terminates the authority of an agent.

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A. By a writing signed by all parties, the parties may designate as agent of all parties on an account a person other than a party. B. Unless the terms of an agency designation provide that the authority of the agent terminates on disability or incapacity of a party, the agent's authority survives disability and incapacity. The agent may act for a disabled or incapacitated party until the authority of the agent is terminated. C. Death of the sole party or last surviving party terminates the authority of an agent.