Rule text
[For use with Rule 1-140 NMRA]
STATE OF NEW MEXICO
COUNTY OF _______________
__________________ JUDICIAL DISTRICT
In the matter of _______________________________, No. __________ a Protected Person.
ORDER TO SECURE OR WAIVE BOND
THIS MATTER is before the Court on the petition of, ________________________, pro se or by and through her/his attorney, ________________________, to appoint a conservator for ________________________, the Protected Person in this matter. The Court, having granted the petition by separate order, FINDS:
1. The Court has appointed ________________________ as Conservator. 2. The Protected Person's estate has an aggregate capital value, as defined in Section 45- 5-411(B) NMSA 1978, of $ ________________________. The Court therefore ORDERS: [] The Conservator shall post a surety bond in the amount of $ ________________________ in accordance with Section 45-5-411 NMSA 1978. The Conservator may enlist the services of any insurance agent qualified to issue an A-1 surety bond in the State of New Mexico. The Court herewith provides a listing of available bond agents but the Court makes no recommendation as to specific insurers. OR [] The Conservator shall comply with the following alternative asset-protection arrangement, which has been approved and accepted by the Court: ___________________________________________________________________________ ___________________________________________________________________________ OR The requirement to post a bond is waived because, [] A bond or alternative asset-protection arrangement is not necessary to protect the interests of the individual subject to conservatorship because ______________________________________________________________________ ______________________________________________________________________ OR [] A bond is not required because the Conservator is a financial institution that possesses and is exercising general trust powers in New Mexico, as provided in Section 45-5- 411(C) NMSA 1978.
IT IS SO ORDERED.
_____________________________________ The Honorable ________________________ DISTRICT COURT JUDGE
Submitted by:
____________________
Attorney for Petitioner Address
Copies to:
____________________
____________________
____________________
____________________
[Approved by Supreme Court Order No. 18-8300-005, effective for all cases on or after July 1, 2018.]