New Mexico Statutes 28-6-1. Age of majority; eighteen years; exception
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A. Except as provided in Subsection B or otherwise specifically provided by existing law, any person who has reached his eighteenth birthday shall be considered to have reached his majority as provided in Section 12-2-2 N.M. Stat. Ann. [repealed] and is an adult for all purposes the same as if he had reached his twenty-first birthday.
Terms Used In New Mexico Statutes 28-6-1
- Donee: The recipient of a gift.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
B. For the purposes of the Uniform Gifts to Minors Act [repealed], as it relates to any gift made prior to June 18, 1971, the donee shall not be entitled to delivery or payment over of the gift until he has reached his twenty-first birthday.