New Mexico § 45-3-929 - Right of reimbursement
Full text of New Mexico New Mexico Statutes Annotated § 45-3-929 — Right of reimbursement, with citation guidance and answers to common questions.
§ 45-3-929. Right of reimbursement
A. A person required under Section 13 of this act to pay an estate tax greater than
the amount due from the person under Section 7 or 8 of this act has a right to reimbursement
from another person to the extent that the other person has not paid the tax required
by Section 7 or 8 of this act and a right to reimbursement ratably from other persons
to the extent that each has not contributed a portion of the amount collected under
Subsection B of Section 13 of this act. B. A fiduciary may enforce the right of reimbursement under Subsection A of this section
on behalf of the person that is entitled to the reimbursement and shall take reasonable
steps to do so if requested by the person.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 45-3-929
What does New Mexico Statutes Annotated § 45-3-929 cover?
Section 45-3-929 ("Right of reimbursement") 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 § 45-3-929?
A common citation format is "New Mexico Statutes Annotated § 45-3-929" (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 § 45-3-929 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.