New Mexico Statutes 45-5-210. Termination of appointment of guardian; general
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A guardian‘s authority and responsibility terminate upon the death, resignation or removal of the guardian or upon the minor’s death, adoption, emancipation, marriage or attainment of majority, but termination does not affect the guardian’s liability for prior
Terms Used In New Mexico Statutes 45-5-210
- Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Probate: Proving a will
acts nor the guardian’s obligation to account for money and property of the protected person. Resignation of a guardian does not terminate the guardianship until it has been approved by the court. A testamentary appointment under an informally probated will terminates if the will is later denied probate in a formal proceeding.