N.M. Stat. § 54-2A-402
General partner agent of limited partnership.
A. Each general partner is an agent of the limited partnership for the purposes of its
activities. An act of a general partner, including the signing of a record in the
partnership's name, for apparently carrying on in the ordinary course the limited
partnership's activities or activities of the kind carried on by the limited partnership binds
the limited partnership, unless the general partner did not have authority to act for the
limited partnership in the particular matter and the person with which the general partner
was dealing knew, had received a notification or had notice pursuant to Subsection D of
Section 103 [54-2A-103 NMSA 1978] of the Uniform Revised Limited Partnership Act
that the general partner lacked authority.
B. An act of a general partner that is not apparently for carrying on in the ordinary
course the limited partnership's activities or activities of the kind carried on by the limited
partnership binds the limited partnership only if the act was actually authorized by all the
other partners.