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§ 45-5B-103 NMSA 1978

Applicability

Known as the Uniform Power of Attorney Act

The act spans §§ 45–45 (45 sections).

Laws 2007, ch. 135, § 103; 1978 Comp., § 46B-1-103 recompiled as § 45-5B-103 by Laws 2011, ch. 124, § 102.

The Uniform Power of Attorney Act applies to all powers of attorney except:

A. a power to the extent it is coupled with an interest in the subject of the power, including a power given to or for the benefit of a creditor in connection with a credit transaction;

B. a power to make health care decisions;

C. a proxy or other delegation to exercise voting rights or management rights with respect to an entity; and

D. a power created on a form prescribed by a government or governmental subdivision, agency or instrumentality for a governmental purpose.

Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.