N.M. Stat. § 45-3-505
Supervised administration; interim orders; distribution
and closing orders.
A. Unless otherwise ordered by the district court, supervised administration is
terminated by order in accordance with time restrictions, notices and contents of orders
prescribed for proceedings under Section 3-1001 [45-3-1001 NMSA 1978].
B. Interim orders approving or directing partial distributions or granting other relief
may be issued by the district court at any time during the pendency of a supervised
administration on the application of the personal representative or any interested
person.
C. A supervised personal representative shall file an account with the district court
not less than annually during his administration and, on closing, shall file a final account
to be approved under Section 3-1001 [45-3-1001 NMSA 1978]. The supervised
personal representative shall also account to the district court on resignation or removal.
D. In connection with any account, the district court may require the supervised
personal representative to submit to a physical check of the estate in his control, to be
made in any manner the court may specify.