{"data":{"id":"us-nm/45-6-203","jurisdiction":"us-nm","citation":"45-6-203","heading":"Types of account; existing accounts.","body":"A. An account may be for a single party or multiple parties. A multiple-party account may be with or without a right of survivorship between the parties. Subject to Subsection C of Section 45-6-212 NMSA 1978, either a single-party account or a multiple-party account may have a POD designation, an agency designation or both.\nB. An account established before, on or after the effective date of Sections 45-6-201 through 45-6-227 NMSA 1978, whether in the form prescribed in Section 45-6-204 NMSA 1978 or in any other form, is either a single-party account or a multiple-party account, with or without right of survivorship, and with or without a POD designation or an agency designation, within the meaning of, and governed by Sections 45-6-201 through 45-6-227 NMSA 1978.","path":["Chapter 45 - Uniform Probate Code","ARTICLE 6 Nonprobate Transfers"],"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":"d736bf9fae5511a253e4f4443924443a93172aca5b177b000cba01d72c60752c","source_id":"us-nm","stale":false,"prev":"us-nm/45-6-202","next":"us-nm/45-6-204"},"notice":"GroundRules: Original legal text. Not legal advice."}