Form 4-994 NMRA

Form 4-994. Order to secure or waive bond.

Last amended: 2018Year: 2018Length: 288 wordsOfficial source
[For use with Rule 1-140 NMRA] STATE OF NEW MEXICO COUNTY OF _______________ __________________ JUDICIAL DISTRICT In the matter of _______________________________, No. __________ a Protected Person. ORDER TO SECURE OR WAIVE BOND THIS MATTER is before the Court on the petition of, ________________________, pro se or by and through her/his attorney, ________________________, to appoint a conservator for ________________________, the Protected Person in this matter. The Court, having granted the petition by separate order, FINDS: 1. The Court has appointed ________________________ as Conservator. 2. The Protected Person’s estate has an aggregate capital value, as defined in Section 45- 5-411(B) NMSA 1978, of $ ________________________. The Court therefore ORDERS: [ ] The Conservator shall post a surety bond in the amount of $ ________________________ in accordance with Section 45-5-411 NMSA 1978. The Conservator may enlist the services of any insurance agent qualified to issue an A-1 surety bond in the State of New Mexico. The Court herewith provides a listing of available bond agents but the Court makes no recommendation as to specific insurers. OR [ ] The Conservator shall comply with the following alternative asset-protection arrangement, which has been approved and accepted by the Court: ___________________________________________________________________________ ___________________________________________________________________________ OR The requirement to post a bond is waived because, [ ] A bond or alternative asset-protection arrangement is not necessary to protect the interests of the individual subject to conservatorship because ______________________________________________________________________ ______________________________________________________________________ OR [ ] A bond is not required because the Conservator is a financial institution that possesses and is exercising general trust powers in New Mexico, as provided in Section 45-5- 411(C) NMSA 1978. IT IS SO ORDERED. _____________________________________ The Honorable ________________________ DISTRICT COURT JUDGE Submitted by: ____________________ Attorney for Petitioner Address Copies to: ____________________ ____________________ ____________________ ____________________
Form 4-994 NMRA: Form 4-994. Order to secure or waive bond. | Justis AI