New Mexico Statutes
Subpart 3 - Protection Of Financial Institutions
Section 45-6-224 - Payment to designated agent.

A financial institution, on request of an agent under an agency designation for an account, may pay to the agent sums on deposit in the account, whether or not a party is disabled, incapacitated or deceased when the request is made or received, and whether or not the authority of the agent terminates on the disability or incapacity of a party.
History: 1978 Comp., § 45-6-224, enacted by Laws 1992, ch. 66, § 33.