A. An agent has authority described in this article if the power of attorney refers to general authority with respect to the descriptive term for the subjects stated in Sections 204 through 217 [45-5B-204 through 45-5B-217 NMSA 1978] of the Uniform Power of Attorney Act or cites the section in which the authority is described.
B. A reference in a power of attorney to general authority with respect to the descriptive term for a subject in Sections 204 through 217 of the Uniform Power of Attorney Act or a citation to a section of Sections 204 through 217 of that act incorporates the entire section as if it were set out in full in the power of attorney.
C. A principal may modify authority incorporated by reference.
History: Laws 2007, ch. 135, § 202; 1978 Comp., § 46B-1-202 recompiled as § 45-5B-202 by Laws 2011, ch. 124, § 102.
Recompilations. — Laws 2011, ch. 124, § 102 recompiled former 46B-1-202 NMSA 1978 as 45-5B-202 NMSA 1978, effective January 1, 2012.
Structure New Mexico Statutes
Chapter 45 - Uniform Probate Code
Article 5B - Uniform Power of Attorney
Section 45-5B-201 - Authority that requires specific grant; grant of general authority.
Section 45-5B-202 - Incorporation of authority.
Section 45-5B-203 - Construction of authority generally.
Section 45-5B-204 - Real property.
Section 45-5B-205 - Tangible personal property.
Section 45-5B-206 - Stocks and bonds.
Section 45-5B-207 - Commodities and options.
Section 45-5B-208 - Banks and other financial institutions.
Section 45-5B-209 - Operation of entity or business.
Section 45-5B-210 - Insurance and annuities.
Section 45-5B-211 - Estates, trusts and other beneficial interests.
Section 45-5B-212 - Claims and litigation.
Section 45-5B-213 - Personal and family maintenance.
Section 45-5B-214 - Benefits from governmental programs or civil or military service.