{"data":{"id":"us-nm/45-3-805","jurisdiction":"us-nm","citation":"45-3-805","heading":"Classification of claims.","body":"A. If the applicable assets of the estate are insufficient to pay all claims in full, the personal representative shall make payment in the following order:\n(1) costs and expenses of administration, including compensation of personal representatives and of persons employed by the personal representatives;\n(2) reasonable funeral expenses;\n(3) debts and taxes with preference under federal law;\n(4) reasonable medical and hospital expenses of the last illness of the decedent, including compensation of persons attending the decedent;\n(5) debts and taxes with preference under other laws of New Mexico; and\n(6) all other claims.\nB. No preference shall be given in the payment of any claim over any other claim of the same class, and a claim due and payable shall not be entitled to a preference over claims not due.","path":["Chapter 45 - Uniform Probate Code","ARTICLE 3 Probate of Wills and Administration"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18546/index.do","current_through":"2024-09-06","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"f93f2c39ef1e78294992598dbeb6ba83aaa7560f6201c5cc8f0678896ff537d5","source_id":"us-nm","stale":false,"prev":"us-nm/45-3-804","next":"us-nm/45-3-806"},"notice":"GroundRules: Original legal text. Not legal advice."}