There shall be a provision as follows: Unless the insured makes an irrevocable designation of beneficiary, the right to change of beneficiary is reserved to the insured and the consent of the beneficiary or beneficiaries shall not be requisite to surrender or assignment of this policy or to any change of beneficiary or beneficiaries, or to any other changes in this policy. History: Laws 1984, ch. 127, § 436. ANNOTATIONSAm. Jur. 2d, A.L.R. and C.J.S. references. — Change of beneficiary of life or accident policy by will, 25 A.L.R.4th 1164.
New Mexico Legal Code