New Mexico § 45-3-717 - Co-representatives; when joint action required

§ 45-3-717. Co-representatives; when joint action required

A. If two or more persons are appointed co-representatives, the concurrence of all

is required, unless the will provides otherwise, on all acts connected with the administration

and distribution of the estate. This restriction does not apply when: (1) any co-representative receives and receipts for property due the estate; (2) the concurrence of all cannot readily be obtained in the time reasonably available

for emergency action necessary to preserve the estate; or (3) a co-representative has been delegated to act for the others. B. Persons dealing with a co-representative, if actually unaware that another has

been appointed to serve with him or if advised by the personal representative with

whom they are dealing that he has authority to act alone for any of the reasons mentioned

herein, are as fully protected as if the person with whom they dealt had been the

sole personal representative. C. A co-representative who abdicates his responsibility to coadminister the estate

by a blanket delegation breaches his duty to interested persons as provided by Section

3-703.