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Section 45-3-1007 - Certificate discharging liens securing fiduciary performance — New Mexico Law | CourtGPT
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  7. Section 45-3-1007 - Certificate discharging liens securing fiduciary performance
New Mexico Legal Code

Section 45-3-1007 - Certificate discharging liens securing fiduciary performance

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After his appointment has terminated, the personal representative, his sureties, or any successor of either such person, upon the filing of a verified application showing, so far as is known by the applicant, that no action concerning the estate is pending in any court, is entitled to receive a certificate from the court that the personal representative appears to have fully administered the estate in question. The certificate evidences discharge of any lien on any property given to secure the obligation of the personal representative in lieu of bond or any surety, but does not preclude action against the personal representative or the surety. History: 1953 Comp., § 32A-3-1007, enacted by Laws 1975, ch. 257, § 3-1007. ANNOTATIONSOfficial comments. — See Commissioners on Uniform State Law official comment to 3-1007 UPC. Am. Jur. 2d, A.L.R. and C.J.S. references. — 34 C.J.S. Executors and Administrators § 957.