New Mexico General (Financial) Power of Attorney Form
The New Mexico Statutory General (Financial) Power of Attorney is a contract that makes a record of a relationship between an Agent who will perform one or several financial acts for a Principal (the party who executes the form)—of which must always reflect their best interests. As § 45-5B-104 states, any Power of Attorney created in New Mexico is legally considered to be durable unless, like this form does, it expressly provides that it is terminated by the incapacity of the Principal.
State Laws & Signing Requirements
State Laws – Uniform Power of Attorney Act
Signing Requirements (§ 45-5B-105) – Each General Power of Attorney created in New Mexico must:
- Be signed by the Principal, and
- Be acknowledged by a Notary Public or another individual who is authorized by law to take acknowledgments.