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2017 New Mexico Statutes
Chapter 45 - Uniform Probate Code
Article 5B - Uniform Power of Attorney
Part 1
Section 45-5B-118 - Agent's resignation; notice.
Universal Citation: NM Stat § 45-5B-118 (2017)
45-5B-118. Agent's resignation; notice.
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.
History: Laws 2007, ch. 135, 118; 1978 Comp., 46B-1-118 recompiled as 45-5B-118 by Laws 2011, ch. 124, 102.
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