New Mexico Revocation of Power of Attorney Form
The New Mexico Revocation of Power of Attorney is a document that establishes the required legal conditions for a Principal to discontinue a Power of Attorney they seek to end. The Principal should ensure they are familiar with the legal requirements that must be met to completely terminate a Power of Attorney and the Agent’s respective powers. Namely, as § 45-5B-110 states, an Agent will not be held liable for any acts they perform once the Power of Attorney is terminated if they do not possess “actual knowledge of the termination.” For this reason, it is vital that in addition to enacting this form, the Principal makes the revocation known to the Agent.
State Laws & Signing Requirements
State Laws – Uniform Power of Attorney Act
Signing Requirements (§ 45-5B-110) – Signing requirements for a Revocation of Power of Attorney are unmentioned in state law. At minimum, the Principal is recommended to sign the form before a Notary Public. To bolster the legitimacy of the form, the Principal may also choose to have one (1) or two (2) witnesses present as well.