New Mexico § 45-5B-118 - Agent's resignation; notice

Full text of New Mexico New Mexico Statutes Annotated § 45-5B-118 — Agent's resignation; notice, with citation guidance and answers to common questions.

§ 45-5B-118. Agent's resignation; notice

Unless the power of attorney provides a different method for an agent's resignation,

an agent may resign by giving notice to the principal and, if the principal is incapacitated: (1) to the conservator or guardian, if one has been appointed for the principal, and

a co-agent or successor agent; or (2) if there is no person described in Paragraph (1) of this subsection 1 , to: (a) the principal's caregiver; (b) another person reasonably believed by the agent to have sufficient interest in

the principal's welfare; or (c) a governmental agency having authority to protect the welfare of the principal. 1

So in original.

Source: official New Mexico text · Last verified 2026-08-27

Frequently Asked Questions About New Mexico § 45-5B-118

What does New Mexico Statutes Annotated § 45-5B-118 cover?

Section 45-5B-118 ("Agent's resignation; notice") 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-118?

A common citation format is "New Mexico Statutes Annotated § 45-5B-118" (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-118 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.