2011 New Mexico Statutes
Chapter 46B: Uniform Power of Attorney Act
Article 1: Uniform Power of Attorney Act, 46B-1-101 through 46B-1-403
Section 46B-1-206: Stocks and bonds. (Recompiled effective January 1, 2012.)

46B-1-206. Stocks and bonds. (Recompiled effective January 1, 2012.)

Unless the power of attorney otherwise provides, language in a power of attorney granting general authority with respect to stocks and bonds authorizes the agent to:

A. buy, sell and exchange stocks and bonds;

B. establish, continue, modify or terminate an account with respect to stocks and bonds;

C. pledge stocks and bonds as security to borrow, pay, renew or extend the time of payment of a debt of the principal;

D. receive certificates and other evidences of ownership with respect to stocks and bonds; and

E. exercise voting rights with respect to stocks and bonds in person or by proxy, enter into voting trusts, and consent to limitations on the right to vote.