§ 45-6-202 NMSA 1978

Limitation on scope

Known as the Uniform Real Property Transfer on Death Act

The act spans §§ 45–45 (61 sections).

1978 Comp., § 45-6-202, enacted by Laws 1992, ch. 66, § 19.

Sections 45-6-201 through 45-6-227 NMSA 1978 do not apply to:

A. an account established for a partnership, joint venture or other organization for a business purpose;

B. an account controlled by one or more persons as an agent or trustee for a corporation, unincorporated association, or charitable or civic organization; or

C. a fiduciary or trust account in which the relationship is established other than by the terms of the account.

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.