State Codes and Statutes

Statutes > New-mexico > Chapter-45 > Article-2 > Section-45-2-517

45-2-517. Penalty clause for contest.

A provision in a governing instrument purporting to penalize an interested person for contesting a governing instrument or instituting other proceedings relating to a governing instrument or an estate is unenforceable if probable cause exists for instituting proceedings.

State Codes and Statutes

Statutes > New-mexico > Chapter-45 > Article-2 > Section-45-2-517

45-2-517. Penalty clause for contest.

A provision in a governing instrument purporting to penalize an interested person for contesting a governing instrument or instituting other proceedings relating to a governing instrument or an estate is unenforceable if probable cause exists for instituting proceedings.