New Mexico § 45-5-420 - Conservators; title by appointment

§ 45-5-420. Conservators; title by appointment

A. The appointment of a conservator vests in him title as trustee to all property

of the protected person, presently held or thereafter acquired, including title to

any property previously held for the protected person by custodians or attorneys-in-fact. B. The appointment of a conservator is not a transfer or alienation within the meaning

of general provisions of any federal or state statute or regulation, insurance policy,

pension plan, contract, will or trust instrument, imposing restrictions upon or penalties

for transfer or alienation by the protected person of his rights or interest, but

this section does not restrict the ability of persons to make specific provision by

contract or dispositive instrument relating to a conservator.