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Section 45-3-708 - Duty of personal representative; supplementary inventory — New Mexico Law | CourtGPT
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  7. Section 45-3-708 - Duty of personal representative; supplementary inventory
New Mexico Legal Code

Section 45-3-708 - Duty of personal representative; supplementary inventory

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A. If any property not included in the original inventory comes to the knowledge of a personal representative or if the personal representative learns that the value or description indicated in the original inventory for any item is erroneous or misleading, he shall make a supplementary inventory or appraisement showing the estimated value as of the date of the decedent's death of the new item or the revised estimated value or descriptions. B. The personal representative shall send a copy of the inventory to interested persons who request it. He may also file the original of the inventory with the appropriate court. History: 1953 Comp., § 32A-3-708, enacted by Laws 1975, ch. 257, § 3-708; 1993, ch. 174, § 70. ANNOTATIONSCompiler's notes. — This section is similar to former 31-3-6, 1953 Comp. The 1993 amendment, effective July 1, 1993, designated the formerly undesignated provisions as Subsection A; deleted 'and file it with the district court and furnish copies thereof to interested persons who requested copies of the original inventory' at the end of Subsection A; and added Subsection B. Filing of supplemental inventory required where real estate omitted.

thereof to interested persons who requested copies of the original inventory' at the end of Subsection A; and added Subsection B. Filing of supplemental inventory required where real estate omitted. — Where the inventory is incomplete in that it fails to include real estate, the filing of a supplemental inventory is required. Barka v. Hopewell, 1923-NMSC-080, 29 N.M. 166, 219 P. 799 (decided under former law). Am. Jur. 2d, A.L.R. and C.J.S. references. — 33 C.J.S. Executors and Administrators § 134.