N.M. Stat. § 45-6-309

Current through 2024, ch. 69

Section 45-6-309 - Nontestamentary transfer on death

A transfer on death resulting from a registration in beneficiary form is effective by reason of the contract regarding the registration between the owner and the registering entity and Sections 45-6-301 through 45-6-311 NMSA 1978 and is not testamentary.

NMS § 45-6-309

1978 Comp., § 45-6-309, enacted by Laws 1992, ch. 66, § 45; 2005, ch. 143, § 4.