STATUTORY POWER OF ATTORNEY
Section 45-5B-301. STATUTORY FORM POWER OF ATTORNEY. A document
substantially in the following form may be used to create a statutory form power of
attorney that has the meaning and effect prescribed by the Uniform Power of Attorney
NEW MEXICO STATUTORY FORM POWER OF ATTORNEY
This power of attorney authorizes another person (your agent) to make decisions
concerning your property for you (the principal). Your agent will be able to make
decisions and act for you with respect to your property (including your money) whether
or not you are able to act for yourself. The meaning of authority over subjects listed on
this form is explained in the Uniform Power of
This power of attorney does not authorize the agent to make health care
decisions for you.
You should select someone you trust to serve as your agent. Unless you specify
otherwise, generally the agent’s power will continue until you die or revoke the power of
attorney or the agent resigns or is unable to act for you.
Your agent is entitled to reasonable compensation unless you state otherwise in
the Special Instructions.
This form provides for designation of one agent. If you wish to name more than
one agent, you may name a co-agent in the Special Instructions. Co-agents are not
required to act together unless you include that requirement in the Special Instructions.