New Mexico § 46-7-22 - Validity and effect of transfer
Full text of New Mexico New Mexico Statutes Annotated § 46-7-22 — Validity and effect of transfer, with citation guidance and answers to common questions.
§ 46-7-22. Validity and effect of transfer
A. The validity of a transfer made in a manner prescribed in the Uniform Transfers
to Minors Act is not affected by: (1) failure of the transferor to comply with Subsection C of Section 10 of that act
concerning possession and control; (2) designation of an ineligible custodian, except designation of the transferor in
the case of property for which the transferor is ineligible to serve as custodian
under Subsection A of Section 10 of that act; or (3) death or incapacity of a person nominated under Section 4 or designated under
Section 10 of that act as custodian or the disclaimer of the office by that person. B. A transfer made pursuant to Section 10 of the Uniform Transfers to Minors Act is irrevocable, and the custodial property is indefeasibly vested in the minor, but
the custodian has all the rights, powers, duties and authority provided in the Uniform
Transfers to Minors Act and neither the minor nor the minor's legal representative
has any right, power, duty or authority with respect to the custodial property except
as provided in that act. C. By making a transfer, the transferor incorporates in the disposition all the provisions
of that act and grants to the custodian, and to any third person dealing with a person
designated as custodian, the respective powers, rights and immunities provided in
that act.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 46-7-22
What does New Mexico Statutes Annotated § 46-7-22 cover?
Section 46-7-22 ("Validity and effect of transfer") 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 § 46-7-22?
A common citation format is "New Mexico Statutes Annotated § 46-7-22" (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 § 46-7-22 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.