Modification of exemptions.

  1. Law
  2. New Mexico Statutes
  3. Uniform Probate Code
  4. Intestate Succession and Wills
  5. EXEMPT PROPERTY AND ALLOWANCES
  6. Modification of exemptions.

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With respect to the estate of a decedent, the allowances granted pursuant to Sections 45-2-402 and 45-2-403 NMSA 1978 are in lieu of the exemptions provided in Sections 42-10-1, 42-10-2, 42-10-9 and 42-10-10 NMSA 1978.

History: 1978 Comp., § 45-2-406, enacted by Laws 1993, ch. 174, § 24; 1995, ch. 210, § 9.

ANNOTATIONS

The 1995 amendment, effective July 1, 1995, substituted "Sections 42-10-1, 42-10-2, 42-10-9 and 42-10-10 NMSA 1978" for "Sections 42-10-1 through 42-10-12 NMSA 1978".

Am. Jur. 2d, A.L.R. and C.J.S. references. — 96 C.J.S. Wills § 760; 97 C.J.S. Wills § 1262.


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