{"data":{"id":"us-nm/45-6-223","jurisdiction":"us-nm","citation":"45-6-223","heading":"Payment on POD designation.","body":"A financial institution, on request, may pay sums on deposit in an account with a POD designation to:\nA. one or more of the parties, whether or not another party is disabled, incapacitated or deceased when the payment is requested and whether or not a party survives another party;\nB. the beneficiary or beneficiaries, if proof of death is presented to the financial institution showing that the beneficiary or beneficiaries survived all persons named as parties; or\nC. the personal representative, if any, or, if there is none, the heirs or devisees of a deceased party, if proof of death is presented to the financial institution showing that the deceased party was the survivor of all other persons named on the account either as a party or beneficiary.","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":"5a4442513007c5ac23e2c4e2333da0e7d19ffe4e625f1a411bb6f61c15fd2ba8","source_id":"us-nm","stale":false,"prev":"us-nm/45-6-222","next":"us-nm/45-6-224"},"notice":"GroundRules: Original legal text. Not legal advice."}