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NEW MEXICO STATUTES AND CODES
Section 45-6-202 - Limitation on scope.
45-6-202. Limitation on scope.
Sections 45-6-201 through 45-6-227 NMSA 1978 do not apply to:
A. an account established for a partnership, joint venture or other organization for a business purpose;
B. an account controlled by one or more persons as an agent or trustee for a corporation, unincorporated association, or charitable or civic organization; or
C. a fiduciary or trust account in which the relationship is established other than by the terms of the account.
New Mexico Law
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