2011 New Mexico Statutes
Chapter 45: Uniform Probate Code
Article 5B: Uniform Power of Attorney, 45-5B-101 through 45-5B-403
Section 45-5B-118: Agent's resignation; notice. (Effective January 1, 2012.)


NM Stat § 45-5B-118 (1996 through 1st Sess 50th Legis) What's This?

45-5B-118. Agent's resignation; notice. (Effective January 1, 2012.)

Unless the power of attorney provides a different method for an agent's resignation, an agent may resign by giving notice to the principal and, if the principal is incapacitated:

(1) to the conservator or guardian, if one has been appointed for the principal, and a co-agent or successor agent; or

(2) if there is no person described in Paragraph (1) of this subsection, to:

(a) the principal's caregiver;

(b) another person reasonably believed by the agent to have sufficient interest in the principal's welfare; or

(c) a governmental agency having authority to protect the welfare of the principal.

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