New Mexico General (Financial) Power of Attorney Form

The New Mexico General (Financial) Power of Attorney elucidates the finer points of a transaction that legally administers controls related to a person’s finances to a nominated agent. The formal agreement can be a convenient tool to make a lawful concession for an attorney-in-fact to handle stipulated areas of an associated principal party’s assets, taxes, or legal affairs.

Last updated December 8th, 2025

Laws

Statute – New Mexico Statutes – Uniform Power of Attorney Act (§ 45-5B-101 – 45-5B-403)

Definitions – “Power of attorney” means a writing or other record that grants authority to an agent to act in the place of the principal, whether or not the term “power of attorney” is used (§ 45-5B-102(G)).

Signing Requirements – Notary affirmation is needed to complete the legal bond (§ 45-5B-105).

Revocation – § 45-5B-110