N.M. Stat. § 45-5B-117

Current through 2024, ch. 69

Section 45-5B-117 - Agent's liability

An agent that violates the Uniform Power of Attorney Act is liable to the principal or the principal's successors in interest for the amount required to:

A. restore the value of the principal's property to what it would have been had the violation not occurred; and

B. reimburse the principal or the principal's successors in interest for the attorney fees and costs paid on the agent's behalf.

NMS § 45-5B-117

Laws 2007, ch. 135, § 117; 1978 Comp., § 46B-1-117 recompiled as § 45-5B-117 by Laws 2011, ch. 124, § 102.

1978 Comp., §§ 46B-1-101 to § 46B-1-403 were recompiled as §§ 45-5B-101 to § 45-5B-403 by Laws 2011, ch. 124, § 102.