{"data":{"id":"us-nm/45-5-401","jurisdiction":"us-nm","citation":"45-5-401","heading":"Conservatorship proceedings.","body":"Upon petition and after notice and hearing in accordance with the provisions of the [Uniform] Probate Code, the court may appoint a conservator as follows:\nA. appointment of a conservator may be made in relation to the estate and financial affairs of a minor if the court determines that:\n(1) a minor owns property that requires management or protection that cannot otherwise be provided;\n(2) a minor has or may have financial affairs that may be jeopardized or prevented by his minority; or\n(3) funds are needed for a minor's support and education and that protection is necessary or desirable to obtain or provide funds; and\nB. appointment of a conservator may be made in relation to the estate and financial affairs of a person for reasons other than minority if the court finds that the person has property that may be wasted or dissipated unless proper management is provided; that funds are needed for the support, care and welfare of the person or those entitled to be supported by him; that protection is necessary or desirable to obtain or provide funds; and that:\n(1) the person is incapacitated; or\n(2) the person is unable to manage his estate and financial affairs effectively for reasons such as confinement, detention by a foreign power or disappearance.","path":["Chapter 45 - Uniform Probate Code","ARTICLE 5 Protection of Persons Under Disability and Their Property"],"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":"0afaaaf58f83af3c4307a788b79b1739706fab197798e350958ccceb3c48a740","source_id":"us-nm","stale":false,"prev":"us-nm/45-5-315","next":"us-nm/45-5-402"},"notice":"GroundRules: Original legal text. Not legal advice."}