New Mexico § 45-3-605 - Demand for bond by interested person
Full text of New Mexico New Mexico Statutes Annotated § 45-3-605 — Demand for bond by interested person, with citation guidance and answers to common questions.
§ 45-3-605. Demand for bond by interested person
Any person apparently having an interest in the estate worth in excess of seven thousand
five hundred dollars ($7,500), or any creditor having a claim in excess of seven thousand
five hundred [dollars] ($7,500), may make a written demand that a personal representative
give bond. The demand must be filed with the court and a copy mailed to the personal representative,
if appointment and qualification have occurred. Thereafter, the personal representative shall post bond or petition the district
court to determine the bond requirement. If bond is required, the requirement ceases if the person demanding bond ceases
to be interested in the estate, or if bond is excused as provided in Sections 3-603
or 3-604. After he has received notice and until the filing of the bond or cessation of the
requirement of bond, the personal representative shall refrain from exercising any
powers of his office except as necessary to preserve the estate. Failure of the personal representative to meet a bond requirement within thirty
days is cause for his removal.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 45-3-605
What does New Mexico Statutes Annotated § 45-3-605 cover?
Section 45-3-605 ("Demand for bond by interested person") is part of the New Mexico Statutes Annotated, the codified statutory law of New Mexico. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Mexico § 45-3-605?
A common citation format is "New Mexico Statutes Annotated § 45-3-605" (New Mexico). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Mexico law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Mexico official source linked on this page or consult a licensed New Mexico attorney.
How does New Mexico § 45-3-605 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Mexico can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Mexico.