N.M. Stat. § 9-22-19
Bond premium cost proration.
In each case where the department is appointed to serve as a personal
representative or conservator of the estate of a beneficiary of the United States
veterans' administration, the court in which the estate is filed shall authorize a charge for
each estate's share of the bond premium to be paid from the assets of the estate. The
department shall determine the charge to be made against each estate, and the
aggregate amount of all charges shall not exceed the bond premium. It is the intent of
the legislature that this charge shall be the share of each estate in the cost of the bond
that the department posts as provided in Section 18 [9-22-18 NMSA 1978] of the
Veterans' Services Department Act.