HB 293 — DUPLICATES FOR INSTRUMENTS OF WRITING
Last action — Signed
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✓Introduced
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✓In Committee
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✓Passed House
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✓Passed Senate
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced January 21, 2019. Enacted.
Prognosis
Where this bill stands today.
Odds of enactment
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Enacted
Current position in the legislative process.
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1 sponsor
1 primary, 0 co-sponsors signed on.
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Bill Text
What changed in the latest version
222 added · 375 removedPlain-language change summary
The updated version of Bill HB 293 modifies the requirements for filing and recording documents related to property transactions. It clarifies who can legally act on behalf of businesses in property dealings and simplifies the process for certain documents by removing the need for notarization. These changes aim to streamline real estate transactions and make it easier for business entities to navigate property laws, which can help foster economic activity and investment in New Mexico.
HOUSE BILL 293 54TH LEGISLATURE - STATEOFNEWMEXICO- FIRST SESSION, 2019 INTRODUCED BY Greg Nibert Pursuant to House Rule 24-1, this document incorporates amendments that have been adopted prior to consideration of this measure by the House.
It is a tool to show the amendments in context and is not to be used for the purpose of amendments.
CHANGING THE REQUIREMENTS FOR h FILING AND RECORDING DUPLICATES OF INSTRUMENTS OF WRITINGWRITING; SJCº;
g o REMOVING CERTAIN USAGE OF THE COUNTY CLERK RECORDING AND FILING t hr g e i k FUND;
CREATING ACTUAL AUTHORITY FOR SPECIFIED PERSONS IN h r i s BUSINESS ENTITIES TO ENTER INTO REAL PROPERTY CONVEYANCES AND h , t, ENCUMBRANCES;
PROVIDING EXCEPTIONS»SJCEXCEPTIONS; Sflº;
REPEALING A e u g e b l e e h SECTION OF THE NMSA»Sfl.NMSA.
n d d i = = o h l ] b ,d i a º e BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO:
r i = r t e w d m a n o SECTION 1.
Section 14-8-4 NMSA 1978 (being Laws 1901, dChapter m62, :Section 18, as amended) is amended to read:
b e d s º o t n = .211539.2 s k m e e a n e d r e l u [ A d Chapter 62, Section 18, as amended) is amended to read:
ACKNOWLEDGMENT NECESSARY FOR RECORDING-- EXCEPTIONS--RECORDING OF DUPLICATESDUPLICATES.-- .-- A.
[A duplicate of an instrument of writing duly acknowledged may be filed and recorded to the same extent as the original.] B.
hHB 293/a Page 1 (1) court-certified copies of a court order, g o t hr judgment or other judicial decree;
g e i k (2) court-certified transcripts of any money h r i s judgment obtained in a court of [this state ] New Mexico or, h , t, pursuant to Section 14-9-9 NMSA 1978, in the United States e u g e b l e e h district court for the district of New Mexico;
n d d i = = o h (3) land patents and land office receipts;
l ] b ,d i a º e (4) notice of lis pendens filed pursuant to r i = r t e w d m a n o Section 38-1-14 NMSA 1978;
d(5) mprovisional :orders creating improvement districts pursuant to Section 4-55A-7 NMSA 1978;
b e d s º o t n = .211539.2 s k m e - 2 - e a n e d r e l u [ A d (5) provisional orders creating improvement districts pursuant to Section 4-55A-7 NMSA 1978;
If an original instrument of writing is hHB 293/a Page 2 unavailable but, if it were available, could be filed and g o t hr recorded in accordance with this section, a duplicate of that g e i k instrument shall be accepted for filing and recording if h r i s accompanied by an affidavit executed pursuant to this h , t, subsection.
e u g e b l e e h (1) provide the name, phone number and mailing n d d i = = o h address of the affiant;
l(2) ]provide binformation ,dregarding ithe aexecution ºof ethe (2)instrument, provideconsideration informationpaid, regardingdelivery theor rother iinformation =establishing rthat tthe eoriginal winstrument, dif mit awere navailable, owould executionbe ofentitled theto instrument,be considerationrecorded paid,pursuant deliveryto orSubsection dA mof :this section;
b e d s º o t n = .211539.2 s k m e - 3 - e a n e d r e l u [ A d other information establishing that the original instrument, if it were available, would be entitled to be recorded pursuant to Subsection A of this section;
When the clerk records the instrument, the grantor and grantee shall be those of the duplicate HB 293/a Page 3 instrument and the name of the affiant shall be indexed under h miscellaneous information.
g o t hr [D.] F.
Any filing or recording permitted or g e i k required under the provisions of the Uniform Commercial Code h r i s need not comply with the requirements of this section.
h , t, [E.] G.
Instruments acknowledged on behalf of a e u g e b l e e h corporation need not have the corporation's seal affixed n d d i = = o h thereto in order to be filed and recorded.
SflºSECTION "»Sfl2. l ] b ,d i a º e SflºH.
REPEAL.–Section 14-8-15.1 (being Laws 2011, r i = r t e w d m a n o Chapter 134, Section 22) is repealed.”»Sfl d m :
b e d s º o t n = .211539.2 s k m e e a n e d r e l u [ A d SJCºSECTION 2.
(1) to rent, purchase, lease or lease-purchaselease- purchase recording equipment and for supplies, training and maintenance for such equipment;
[(2)(2) to rent, purchase, lease or lease-purchaselease- equipmentpurchase vehicles associated with all regular duties in h the county clerk's office and for supplies, training and uHB »293/a rPage t4 h maintenance for such equipment;vehicles, provided that the county clerk shall report annually to the board of county commissioners the usage, mileage and necessity of any vehicle acquired pursuant to this paragraph;
g(3) efor ltechnical iassistance (3)] (2) to rent, purchase, lease or lease-for htraining r i s purchase vehicles associated with all regular duties inof the h , e h t u g county clerk's officeoffice; and for supplies, training and e b l e e , gh maintenance for such vehicles, provided that the county clerk n d d i = = o h l ] b ,d shall report annually to the board of county commissioners the i a º r e r = usage, mileage and necessity of any vehicle acquired pursuant t e w d m a n o d m :
bor r(4) efor tstaff ºtravel oassociated twith nall =regular .211539.2duties sof kthe mcounty eclerk's eoffice apursuant nto ethe dPer rDiem eand lMileage uAct." [SECTION A3. d to this paragraph;
[(4)]A (3)new forsection technicalof assistanceChapter or47, forArticle training1 associatedNMSA with1978 allis regularenacted dutiesto ofread: the county clerk's office;
or"ACTUAL [(5)]AUTHORITY--REPRESENTATIVES (4)OF forBUSINESS staffENTITIES--EXCEPTION.-- travelA. associated with all regular duties of the county clerk's office pursuant to the Per Diem and Mileage Act." SECTION 3.
A new section of Chapter 47, Article 1 NMSA is enacted to read:
"[NEW MATERIAL] ACTUAL AUTHORITY--REPRESENTATIVES OF BUSINESS ENTITIES--EXCEPTION.-- A.
h g (1) for a cooperative association:
Show all 65 changed lines (25 more)
president o t hr and vice president;
g e i k (2) for a professional corporation:
president h r i s h and vice president;
, t, e u g (3) for a nonprofit corporation:
president e b l e e h and vice president;
nHB d293/a dPage i5 = = o h l ] b ,d (4) for a business corporation:
president and i a º e r i = r vice president;
t(5) efor w d m a nlimited oliability dcompany: m :
b e d s º o t n = .211539.2 s k m e e a n e d r e l u [ A d (5) for a limited liability company:
The recorded statement shall be binding until the business entity h g revokes or amends the recorded statement and records the o t hr revocation or amendment with the county clerk.
g e i k C.
A person may rely on the authority of the h r i s h persons set forth in Subsection A of this section to act on , t, e u g behalf of a business entity, subject to limitations set forth e b l e e h in a previously recorded statement as provided in Subsection B n d d i = = o h l ] b ,d of this section.
Nothing in this section shall preclude a iHB a293/a ºPage e6 r i = r business entity from executing a power of attorney and tempowering ean wattorney din mfact ato nalso oact don mits :behalf pursuant to the Uniform Power of Attorney Act.
b e d s º o t n = .211539.2 s k m e e a n e d r e l u [ A d empowering an attorney in fact to also act on its behalf pursuant to the Uniform Power of Attorney Act.
or (2) the authority of the person who executed the instrument or contract has been successfully challenged or h is in the process of being challenged in a court having u » r t h jurisdiction.
g e l i E.
As used in this section, "business entity" means h r i s a:
h , e h t u g (1) cooperative association created pursuant e b l e e , gh to the Cooperative Association Act;
n d d i = = o h l ] b ,d (2) professional corporation created pursuant i a º r e r = to the Professional Corporation Act;
tHB e293/a wPage d7 m(3) anonprofit ncorporation ocreated dpursuant mto :the Nonprofit Corporation Act;
b r e t º o t n = .211539.2 s k m e e a n e d r e l u [ A d (3) nonprofit corporation created pursuant to the Nonprofit Corporation Act;
EFFECTIVEREPEAL.--Section DATE.--The14-8-15.1 effective(being dateLaws of2011, theChapter provisions134, ofSection this22) act is Julyrepealed. 1, 2019.»SJC - 9 - h u » r t h g e l i h r i s h , e h t u g e b l e e , gh n d d i = = o h l ] b ,d i a º r e r = t e w d m a n o d m :
bSECTION r5. e t º o t n = .211539.2 s k m e e a n e d r e l u [ A d
EFFECTIVE DATE.--The effective date of the provisions of this act is July 1, 2019.
HB 293/a Page 8 25
Show all 65 changed rows (25 more)
View plain text versions (3)
- Final Version View text Current pdf
- Amended Amendments in Context pdf
- Introduced introduced version pdf
Action History
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Signed
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House concurred in Senate amendments
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passed Senate
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floor substitute adopted (1 amendment)
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DO PASS, as amended, committee report adopted
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DO PASS committee report adopted
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Sent to Senate Public Affairs Committee & Senate Judiciary Committee
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passed House
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DO PASS committee report adopted
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DO PASS committee report adopted
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Sent to House State Government, Elections & Indian Affairs Committee & House Judiciary Committee
Sponsors
- Greg Nibert · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 111 not signed on
Sponsors (1)
- Nibert, Greg
Co-sponsors (0)
None.
Not signed on (111)
111 members have not signed on to this bill.
Show all 111 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Subjects
Frequently asked questions
- Who sponsors HB 293?
- HB 293 is sponsored by Nibert, Greg.
- What is the current status of HB 293?
- This bill has been enacted into law. Introduced January 21, 2019. Enacted.
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- Track HB 293 free on One Click Politics — get push/email alerts when it moves.
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