A. A power of attorney executed in this state on or after July 1, 2007 is valid if its execution complies with Section 105 [45-5B-105 NMSA 1978] of the Uniform Power of Attorney Act.
B. A power of attorney executed in this state before July 1, 2007 is valid if its execution complied with the law of this state as it existed at the time of execution.
C. A power of attorney executed other than in this state is valid in this state if, when the power of attorney was executed, the execution complied with:
(1) the law of the jurisdiction that determines the meaning and effect of the power of attorney pursuant to Section 107 [45-5B-107 NMSA 1978] of the Uniform Power of Attorney Act; or
(2) the requirements for a military power of attorney pursuant to 10 U.S.C. Section 1044b, as amended.
D. Except as otherwise provided by statute other than the Uniform Power of Attorney Act, a photocopy or electronically transmitted copy of an original power of attorney has the same effect as the original.
History: Laws 2007, ch. 135, § 106; 1978 Comp., § 46B-1-106 recompiled as § 45-5B-106 by Laws 2011, ch. 124, § 102.
Recompilations. — Laws 2011, ch. 124, § 102 recompiled former 46B-1-106 NMSA 1978 as 45-5B-106 NMSA 1978, effective January 1, 2012.
Structure New Mexico Statutes
Chapter 45 - Uniform Probate Code
Article 5B - Uniform Power of Attorney
Section 45-5B-101 - Short title.
Section 45-5B-102 - Definitions.
Section 45-5B-103 - Applicability.
Section 45-5B-104 - Power of attorney is durable.
Section 45-5B-105 - Execution of power of attorney.
Section 45-5B-106 - Validity of power of attorney.
Section 45-5B-107 - Meaning and effect of power of attorney.
Section 45-5B-109 - When power of attorney effective.
Section 45-5B-110 - Termination of power of attorney or agent's authority.
Section 45-5B-111 - Co-agents and successor agents.
Section 45-5B-112 - Reimbursement and compensation of agent.
Section 45-5B-113 - Agent's acceptance.
Section 45-5B-114 - Agent's duties.
Section 45-5B-115 - Exoneration of agent.
Section 45-5B-116 - Judicial relief.
Section 45-5B-117 - Agent's liability.
Section 45-5B-118 - Agent's resignation; notice.
Section 45-5B-119 - Acceptance of and reliance upon acknowledged power of attorney.
Section 45-5B-120 - Liability for refusal to accept acknowledged power of attorney.
Section 45-5B-121 - Principles of law and equity.
Section 45-5B-122 - Laws applicable to financial institutions and entities.