New Mexico Statutes
Chapter 45 - Uniform Probate Code
Article 6 - Nonprobate Transfers

Section 45-6-102 - Liability of nonprobate transferees for creditor claims and statutory allowances. - A. In this section, "nonprobate transfer" means a valid transfer...

Section 45-6-103 - Repealed. - History: 1953 Comp., § 32A-6-103, enacted by Laws 1975, ch....

Section 45-6-104 - Repealed. - History: 1953 Comp., § 32A-6-104, enacted by Laws 1975, ch....

Section 45-6-105 - Repealed. - History: 1953 Comp., § 32A-6-105, enacted by Laws 1975, ch....

Section 45-6-106 - Repealed. - History: 1953 Comp., § 32A-6-106, enacted by Laws 1975, ch....

Section 45-6-107 - Repealed. - History: 1953 Comp., § 32A-6-107, enacted by Laws 1975, ch....

Section 45-6-108 - Repealed. - History: 1953 Comp., § 32A-6-108, enacted by Laws 1975, ch....

Section 45-6-109 - Repealed. - History: 1953 Comp., § 32A-6-109, enacted by Laws 1975, ch....

Section 45-6-110 - Repealed. - History: 1953 Comp., § 32A-6-110, enacted by Laws 1975, ch....

Section 45-6-111 - Repealed. - History: 1953 Comp., § 32A-6-111, enacted by Laws 1975, ch....

Section 45-6-112 - Repealed. - History: 1953 Comp., § 32A-6-112, enacted by Laws 1975, ch....

Section 45-6-113 - Repealed. - History: 1953 Comp., § 32A-6-113, enacted by Laws 1975, ch....

Part 2 - MULTIPLE-PERSON ACCOUNTS

Subpart 1 - Definitions And General Provisions

Section 45-6-201 - Definitions. - As used in Sections 45-6-201 through 45-6-227 NMSA 1978: A....

Section 45-6-202 - Limitation on scope. - Sections 45-6-201 through 45-6-227 NMSA 1978 do not apply to:...

Section 45-6-203 - Types of account; existing accounts. - A. An account may be for a single party or...

Section 45-6-204 - Forms. - A. A contract of deposit that contains provisions in substantially...

Section 45-6-205 - Designation of agent. - A. By a writing signed by all parties, the parties...

Section 45-6-206 - Applicability. - The provisions of Sections 45-6-211 through 45-6-216 NMSA 1978 concerning...

Subpart 2 - Ownership As Between PartiesAnd Others

Section 45-6-211 - Ownership during lifetime. - A. As used in this section, "net contribution" of a...

Section 45-6-212 - Rights at death. - A. Except as otherwise provided in this part, on death...

Section 45-6-213 - Alteration of rights. - A. Rights at death under Section 45-6-212 NMSA 1978 are...

Section 45-6-214 - Accounts and transfers nontestamentary. - Except as a consequence of, and to the extent directed...

Section 45-6-215 - Repealed. - History: 1978 Comp., § 45-6-215, enacted by Laws 1992, ch....

Section 45-6-216 - Community property. - A. A deposit of community property in an account does...

Subpart 3 - Protection Of Financial Institutions

Section 45-6-221 - Authority of financial institution. - A financial institution may enter into a contract of deposit...

Section 45-6-222 - Payment on multiple-party account. - A financial institution, on request, may pay sums on deposit...

Section 45-6-223 - Payment on POD designation. - A financial institution, on request, may pay sums on deposit...

Section 45-6-224 - Payment to designated agent. - A financial institution, on request of an agent under an...

Section 45-6-225 - Payment to minor. - If a financial institution is required or permitted to make...

Section 45-6-226 - Discharge. - A. Payment made pursuant to Sections 45-6-201 through 45-6-227 NMSA...

Section 45-6-227 - Set-off. - Without qualifying any other statutory right to set-off or lien...

Part 3 - TOD SECURITY REGISTRATION

Section 45-6-301 - Definitions. - As used in Sections 45-6-301 through 45-6-311 NMSA 1978: A....

Section 45-6-302 - Registration in beneficiary form; sole or joint tenancy ownership. - Only individuals whose registration of a security shows sole ownership...

Section 45-6-303 - Registration in beneficiary form; applicable law. - A security may be registered in beneficiary form if the...

Section 45-6-304 - Origination of registration in beneficiary form. - A security, whether evidenced by certificate or account, is registered...

Section 45-6-305 - Form of registration in beneficiary form. - Registration in beneficiary form may be shown by the words...

Section 45-6-306 - Effect of registration in beneficiary form. - The designation of a TOD beneficiary on a registration in...

Section 45-6-307 - Ownership of [on] death of owner. - On death of a sole owner or the last to...

Section 45-6-308 - Protection of registering entity. - A. A registering entity is not required to offer or...

Section 45-6-309 - Nontestamentary transfer on death. - A transfer on death resulting from a registration in beneficiary...

Section 45-6-310 - Terms, conditions and forms for registration. - A. A registering entity offering to accept registrations in beneficiary...

Section 45-6-311 - Applicability. - Sections 45-6-301 through 45-6-311 NMSA 1978 apply to registrations of...

Part 4 - UNIFORM REAL PROPERTY TRANSFER ON DEATH

Section 45-6-401 - Short title. - Sections 45-6-401 through 45-6-417 NMSA 1978 may be cited as...

Section 45-6-402 - Definitions. - As used in the Uniform Real Property Transfer on Death...

Section 45-6-403 - Applicability. - The Uniform Real Property Transfer on Death Act applies to...

Section 45-6-404 - Nonexclusivity. - The Uniform Real Property Transfer on Death Act does not...

Section 45-6-405 - Transfer on death deed authorized. - An individual may transfer property to one or more beneficiaries...

Section 45-6-406 - Transfer on death deed revocable. - A transfer on death deed is revocable even if the...

Section 45-6-407 - Transfer on death deed nontestamentary. - A transfer on death deed is nontestamentary. History: 1978 Comp.,...

Section 45-6-408 - Capacity of transferor. - The capacity required to make or revoke a transfer on...

Section 45-6-409 - Requirements. - A transfer on death deed shall: A. contain the essential...

Section 45-6-410 - Notice, delivery, acceptance or consideration not required. - A transfer on death deed does not require: A. notice...

Section 45-6-411 - Revocation by instrument authorized; revocation by act not permitted. - A. Subject to Subsection B of this section, an instrument...

Section 45-6-412 - Effect of transfer on death deed during transferor's life. - During a transferor's life, a transfer on death deed does...

Section 45-6-413 - Effect of transfer on death deed at transferor's death. - A. Except as otherwise provided in the transfer on death...

Section 45-6-414 - Disclaimer. - A beneficiary may disclaim all or part of the beneficiary's...

Section 45-6-415 - Liability for creditor claims and statutory allowances. - A beneficiary of a transfer on death deed is liable...

Section 45-6-416 - Optional form of transfer on death deed. - The following form may be used to create a transfer...

Section 45-6-417 - Optional form of revocation. - The following form may be used to create an instrument...

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New Mexico Statutes Chapter 45 - Uniform Probate Code Article 6 - Nonprobate Transfers

New Mexico Statutes
Chapter 45 - Uniform Probate Code
Article 6 - Nonprobate Transfers