Except as a consequence of, and to the extent directed by, Section 45-6-215 NMSA 1978, a transfer resulting from the application of Section 45-6-212 NMSA 1978 is effective by reason of the terms of the account involved and Sections 45-6-201 through 45-6-227 NMSA 1978 and is not testamentary or subject to Chapter 45, Articles 1 through 4 NMSA 1978.
History: 1978 Comp., § 45-6-214, enacted by Laws 1992, ch. 66, § 27.
Structure New Mexico Statutes
Chapter 45 - Uniform Probate Code
Article 6 - Nonprobate Transfers
Part 2 - MULTIPLE-PERSON ACCOUNTS
Subpart 2 - Ownership As Between PartiesAnd Others
Section 45-6-211 - Ownership during lifetime.
Section 45-6-212 - Rights at death.
Section 45-6-213 - Alteration of rights.