New Mexico § 45-5B-117 - Agent's liability
Full text of New Mexico New Mexico Statutes Annotated § 45-5B-117 — Agent's liability, with citation guidance and answers to common questions.
§ 45-5B-117. Agent's liability
An agent that violates the Uniform Power of Attorney Act is liable to the principal
or the principal's successors in interest for the amount required to: A. restore the value of the principal's property to what it would have been had the
violation not occurred; and B. reimburse the principal or the principal's successors in interest for the attorney
fees and costs paid on the agent's behalf.
Frequently Asked Questions About New Mexico § 45-5B-117
What does New Mexico Statutes Annotated § 45-5B-117 cover?
Section 45-5B-117 ("Agent's liability") 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 § 45-5B-117?
A common citation format is "New Mexico Statutes Annotated § 45-5B-117" (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 § 45-5B-117 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.