New Mexico § 45-3-910 - Purchases from distributees protected
Full text of New Mexico New Mexico Statutes Annotated § 45-3-910 — Purchases from distributees protected, with citation guidance and answers to common questions.
§ 45-3-910. Purchases from distributees protected
If property distributed in kind or a security interest therein is acquired for value
by a purchaser from or lender to a distributee who has received an instrument or deed
of distribution from the personal representative, or is so acquired by a purchaser
from or lender to a transferee from such distributee, the purchaser or lender takes
title free of rights of any interested person in the estate and incurs no personal
liability to the estate, or to any interested person, whether or not the distribution
was proper or supported by court order or the authority of the personal representative
was terminated before execution of the instrument or deed. This section protects a purchaser from or lender to a distributee who, as personal
representative, has executed a deed of distribution to himself, as well as a purchaser
from or lender to any other distributee or transferee. To be protected under this provision, a purchaser or lender need not inquire whether
a personal representative acted properly in making the distribution in kind, even
if the personal representative and the distributee are the same person, or whether
the authority of the personal representative had terminated before the distribution.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 45-3-910
What does New Mexico Statutes Annotated § 45-3-910 cover?
Section 45-3-910 ("Purchases from distributees protected") 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 § 45-3-910?
A common citation format is "New Mexico Statutes Annotated § 45-3-910" (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 § 45-3-910 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.