New Mexico Statutes
Part 8 - CREDITORS' CLAIMS
Section 45-3-813 - Compromise of claims.

When a claim against the estate has been presented in any manner, the personal representative may, if it appears for the best interest of the estate, compromise the claim, whether due or not due, absolute or contingent, liquidated or unliquidated.
History: 1953 Comp., § 32A-3-813, enacted by Laws 1975, ch. 257, § 3-813.
Am. Jur. 2d, A.L.R. and C.J.S. references. — Power and responsibility of executor or administrator to compromise claim due estate, 72 A.L.R.2d 191.
Power and responsibility of executor or administrator to compromise claim against estate, 72 A.L.R.2d 243.
Power and responsibility of executor or administrator as to compromise or settlement of action or cause of action for death, 72 A.L.R.2d 285.
Effect of settlement with and acceptance of release from one wrongful death beneficiary upon liability of tortfeasor to other beneficiaries or decedent's personal representative, 21 A.L.R.4th 275.
34 C.J.S. Executors and Administrators § 469.

Structure New Mexico Statutes