New Mexico § 45-6-224 - Payment to designated agent
Full text of New Mexico New Mexico Statutes Annotated § 45-6-224 — Payment to designated agent, with citation guidance and answers to common questions.
§ 45-6-224. Payment to designated agent
A financial institution, on request of an agent under an agency designation for an
account, may pay to the agent sums on deposit in the account, whether or not a party
is disabled, incapacitated or deceased when the request is made or received, and whether
or not the authority of the agent terminates on the disability or incapacity of a
party.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 45-6-224
What does New Mexico Statutes Annotated § 45-6-224 cover?
Section 45-6-224 ("Payment to designated agent") 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 § 45-6-224?
A common citation format is "New Mexico Statutes Annotated § 45-6-224" (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 § 45-6-224 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.