Section 45-5-418 - Inventory and records.

NM Stat § 45-5-418 (2019) (N/A)
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A. Within ninety days after his appointment, every conservator shall prepare and file with the appointing court a complete inventory of the estate of the protected person together with his oath or affirmation that it is complete and accurate so far as he is informed.

B. The conservator shall provide a copy of the inventory to the protected person if he can be located, has attained the age of fourteen years, and has sufficient mental capacity to understand these matters, and to any parent or guardians with whom the protected person resides.

C. The conservator shall keep suitable records of his administration and exhibit the same on request of any interested person.

History: 1953 Comp., § 32A-5-418, enacted by Laws 1975, ch. 257, § 5-418.

Compiler's notes. — This section is similar to former 32-2-5, 1953 Comp.

Accounting to be according to statute. — Where guardianship was authorized by the court, the guardian of an incapacitated person's estate must account according to the liability imposed by statute. In re Miera's Guardianship, 1934-NMSC-017, 38 N.M. 377, 34 P.2d 299 (decided under former law).

Am. Jur. 2d, A.L.R. and C.J.S. references. — Conclusiveness and effect of annual or intermediate account of guardian of infant or incompetent, 99 A.L.R. 996.

Surchargeability of trustee, executor, administrator or guardian in respect of mortgage investment, as affected by matters relating to value of property, 117 A.L.R. 871.

14 C.J.S. Chemical Dependents § 4; 39 C.J.S. Guardian and Ward §§ 74, 145; 49 C.J.S. Insane Persons § 87.