New Mexico § 46-7-28 - Liability to third persons
Full text of New Mexico New Mexico Statutes Annotated § 46-7-28 — Liability to third persons, with citation guidance and answers to common questions.
§ 46-7-28. Liability to third persons
A. A claim based on: (1) a contract entered into by a custodian acting in a custodial capacity; (2) an obligation arising from the ownership or control of custodial property; or (3) a tort committed during the custodianship, may be asserted against the custodial
property by proceeding against the custodian in the custodial capacity, whether or
not the custodian or the minor is personally liable therefore. B. A custodian is not personally liable: (1) on a contract properly entered into in the custodial capacity unless the custodian
fails to reveal that capacity and to identify the custodianship in the contract;
or (2) for an obligation arising from control of custodial property or for a tort committed
during the custodianship unless the custodian is personally at fault. C. A minor is not personally liable for an obligation arising from ownership of custodial
property or for a tort committed during the custodianship unless the minor is personally
at fault.
Frequently Asked Questions About New Mexico § 46-7-28
What does New Mexico Statutes Annotated § 46-7-28 cover?
Section 46-7-28 ("Liability to third persons") 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 § 46-7-28?
A common citation format is "New Mexico Statutes Annotated § 46-7-28" (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 § 46-7-28 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.