N.M. Stat. Ann. § 45-3-807
B. The personal representative at any time may pay any just claim that has not been barred, with or without formal presentation, but he is personally liable to any other claimant whose claim is allowed and who is injured by its payment if:
History: 1953 Comp., § 32A-3-807, enacted by Laws 1975, ch. 257, § 3-807; 1993, ch. 174, § 75.
Official comments. — See Commissioners on Uniform State Law official comment to 3-807 UPC.
Cross references. — For classification of claims, see 45-3-805 NMSA 1978.
For allowance of claims, see 45-3-806 NMSA 1978.
The 1993 amendment, effective July 1, 1993, substituted "the earlier of the time limitations provided in Section 45-3-803 NMSA 1978" for "two months from the date of the first publication of the notice to creditors" in the first sentence in Subsection A; substituted "willful fault" for "willful act" in Paragraph (2) in Subsection B; and made minor stylistic changes throughout the section.
Am. Jur. 2d, A.L.R. and C.J.S. references. — Remedies of creditors of insolvent decedent's estate where other creditors have received excessive payments, 77 A.L.R. 981.
Validity, construction and application of provision of fidelity bond as to giving of notice of loss or claim within specified time after close of bond year, 149 A.L.R. 945.
34 C.J.S. Executors and Administrators § 457.