A. If two or more persons are appointed co-representatives, the concurrence of all is required, unless the will provides otherwise, on all acts connected with the administration and distribution of the estate. This restriction does not apply when:
(1) any co-representative receives and receipts for property due the estate;
(2) the concurrence of all cannot readily be obtained in the time reasonably available for emergency action necessary to preserve the estate; or
(3) a co-representative has been delegated to act for the others.
B. Persons dealing with a co-representative, if actually unaware that another has been appointed to serve with him or if advised by the personal representative with whom they are dealing that he has authority to act alone for any of the reasons mentioned herein, are as fully protected as if the person with whom they dealt had been the sole personal representative.
C. A co-representative who abdicates his responsibility to coadminister the estate by a blanket delegation breaches his duty to interested persons as provided by Section 3-703 [45-3-703 NMSA 1978].
History: 1953 Comp., § 32A-3-717, enacted by Laws 1975, ch. 257, § 3-717.
ANNOTATIONSOfficial comments. — See Commissioners on Uniform State Law official comment to 3-717 UPC.
Sale by one executor. — A sale by the executor named in a will, to whom letters testamentary have issued, under a power of sale authorizing the executors to sell the real and personal property, was not void because the other executor named in the will renounced the executor's appointment and refused to accept the trust, since the sale was made after the administrators had been discharged and the letters testamentary granted to the remaining executor. Smith v. Steen, 1915-NMSC-051, 20 N.M. 436, 150 P. 927.
Am. Jur. 2d, A.L.R. and C.J.S. references. — Coexecutor's or coadministrator's liability for defaults or wrongful acts of fiduciary in handling estate, 65 A.L.R.2d 1019.
Right of coexecutor to reimbursement from estate for fees paid independent legal counsel retained by him, 66 A.L.R.2d 1169.
34 C.J.S. Executors and Administrators § 1042.