N.M. Stat. § 45-5-431

Payment of debt and delivery of property to foreign

Last amended: 1975Year: 2026Length: 148 wordsOfficial source
conservator without local proceedings. A. Any person indebted to a protected person, or having possession of property or of an instrument evidencing a debt, stock or chose in action belonging to a protected person, may pay or deliver to a conservator, guardian of the estate or other like fiduciary appointed by a court of the state of residence of the protected person, upon being presented with proof of his appointment and an affidavit made by him stating that: (1) no protective proceeding relating to the protected person is pending in New Mexico; and (2) the foreign conservator is entitled to payment or to receive delivery. B. If the person to whom the affidavit is presented pursuant to Subsection A of this section is not aware of any protective proceeding pending in New Mexico, payment or delivery in response to the demand and affidavit discharges the debtor or possessor.
N.M. Stat. § 45-5-431: Payment of debt and delivery of property to foreign | Justis AI