N.M. Stat. § 45-2-517

Current through 2024, ch. 69

Section 45-2-517 - Penalty clause for contest

A provision in a governing instrument purporting to penalize an interested person for contesting the governing instrument or instituting other proceedings relating to the estate is unenforceable if probable cause exists for instituting proceedings.

NMS § 45-2-517

1978 Comp., § 45-2-517, enacted by Laws 1995, ch. 210, § 13; 2016, ch. 69, § 710.

Amended by 2016, c. 69,s. 710, eff. 7/1/2016.