{"data":{"id":"us-nm/45-6-227","jurisdiction":"us-nm","citation":"45-6-227","heading":"Set-off.","body":"Without qualifying any other statutory right to set-off or lien and subject to any contractual provision, if a party is indebted to a financial institution, the financial institution has a right to set-off against the account. The amount of the account subject to set-off is the proportion to which the party is, or immediately before death was, beneficially entitled under Section 45-6-211 NMSA 1978 or, in the absence of proof of that proportion, an equal share with all parties.","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":"0444c006bead559f6a4c190c7e544ce799d0e7a8f863dfd347f4158f6cdff9f2","source_id":"us-nm","stale":false,"prev":"us-nm/45-6-226","next":"us-nm/45-6-301"},"notice":"GroundRules: Original legal text. Not legal advice."}