Statutes > New Mexico Statutes > Chapter 45 - Uniform Probate Code. > Article 3 - Probate of Wills and Administration, 45-3-101 through 45-3-1302. > Section 45-3-712 - Improper exercise of power; breach of fiduciary duty.

Section 45-3-712 - Improper exercise of power; breach of fiduciary duty.

45-3-712. Improper exercise of power; breach of fiduciary duty.

If the exercise of power concerning the estate is improper, the personal representative is liable to interested persons for damage or loss resulting from breach of his fiduciary duty. The rights of purchasers and others dealing with a personal representative shall be determined as provided in Sections 3-713 [45-3-713 NMSA 1978] and 3-714 [45-3-714 NMSA 1978].