Effect of lessee's death or incapacity

NMSA 1978, § 58-1-12 — under Article 1.

NMSA 1978, § 58-1-12

Where a lessor, without knowledge of the death or of an adjudication of incapacity of the lessee, deals with his agent pursuant to a written power of attorney signed by such lessee, the transaction binds the lessee's estate and the lessee. History: 1953 Comp., § 48-22-12, enacted by Laws 1963, ch. 305, § 12; 1975, ch. 257, § 8-123.