Statutes > New Mexico Statutes > Chapter 45 - Uniform Probate Code. > Article 6 - Nonprobate Transfers, 45-6-101 through 45-6-401. > Section 45-6-224 - Payment to designated agent.

Section 45-6-224 - Payment to designated agent.

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.