Section 58-10-106 - Effect of lessee's death or incapacity.

NM Stat § 58-10-106 (2019) (N/A)
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When a lessor, without knowledge of a lessee's death or of an adjudication of his incapacity, deals with a lessee's agent pursuant to a written power of attorney signed by the lessee, the transaction binds the lessee's estate and the lessee.

History: 1953 Comp., § 48-15-146, enacted by Laws 1971, ch. 242, § 6; 1975, ch. 257, § 8-121.

Am. Jur. 2d, A.L.R. and C.J.S. references. — 10 Am. Jur. 2d Banks §§ 472, 473.