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.
History: 1978 Comp., § 45-6-202, enacted by Laws 1992, ch. 66, § 19.
Structure New Mexico Statutes
Chapter 45 - Uniform Probate Code
Article 6 - Nonprobate Transfers
Part 2 - MULTIPLE-PERSON ACCOUNTS
Subpart 1 - Definitions And General Provisions
Section 45-6-201 - Definitions.
Section 45-6-202 - Limitation on scope.
Section 45-6-203 - Types of account; existing accounts.