Reimbursement and compensation of agent.

  1. Law
  2. New Mexico Statutes
  3. Uniform Probate Code
  4. Uniform Power of Attorney
  5. Part 1
  6. Reimbursement and compensation of agent.

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Unless the power of attorney otherwise provides, an agent is entitled to reimbursement of expenses reasonably incurred on behalf of the principal and to compensation that is reasonable under the circumstances.

History: Laws 2007, ch. 135, § 112; 1978 Comp., § 46B-1-112 recompiled as § 45-5B-112 by Laws 2011, ch. 124, § 102.

ANNOTATIONS

Recompilations. — Laws 2011, ch. 124, § 102 recompiled former 46B-1-112 NMSA 1978 as 45-5B-112 NMSA 1978, effective January 1, 2012.


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