New Mexico 2019 Regular Session Status: Enacted

HB 293 — DUPLICATES FOR INSTRUMENTS OF WRITING

Last action — Signed

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. ✓
    Passed House
  4. ✓
    Passed Senate
  5. ✓
    To Executive
  6. 6
    Enacted

This bill has been enacted into law. Introduced January 21, 2019. Enacted.

Prognosis

Advancing 50% · moderate confidence

Where this bill stands today.

Odds of enactment

High

How often bills like it became law.

  • Enacted

    Current position in the legislative process.

  • 1 sponsor

    1 primary, 0 co-sponsors signed on.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Bill Text

What changed in the latest version

222 added · 375 removed

Plain-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.

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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 WRITING SJCº;
CHANGING THE REQUIREMENTS FOR FILING AND RECORDING DUPLICATES OF INSTRUMENTS OF WRITING;
g o REMOVING CERTAIN USAGE OF THE COUNTY CLERK RECORDING AND FILING t hr g e i k FUND;
REMOVING CERTAIN USAGE OF THE COUNTY CLERK RECORDING AND FILING FUND;
CREATING ACTUAL AUTHORITY FOR SPECIFIED PERSONS IN h r i s BUSINESS ENTITIES TO ENTER INTO REAL PROPERTY CONVEYANCES AND h , t, ENCUMBRANCES;
CREATING ACTUAL AUTHORITY FOR SPECIFIED PERSONS IN BUSINESS ENTITIES TO ENTER INTO REAL PROPERTY CONVEYANCES AND ENCUMBRANCES;
PROVIDING EXCEPTIONS»SJC Sflº;
PROVIDING EXCEPTIONS;
REPEALING A e u g e b l e e h SECTION OF THE NMSA»Sfl.
REPEALING A SECTION OF THE 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:
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 1.
Section 14-8-4 NMSA 1978 (being Laws 1901, d m :
Section 14-8-4 NMSA 1978 (being Laws 1901, Chapter 62, 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 DUPLICATES .-- A.
ACKNOWLEDGMENT NECESSARY FOR RECORDING-- EXCEPTIONS--RECORDING OF DUPLICATES.-- A.
[A duplicate of an instrument of writing duly acknowledged may be filed and recorded to the same extent as the original.] B.
B.
h (1) court-certified copies of a court order, g o t hr judgment or other judicial decree;
HB 293/a Page 1 (1) court-certified copies of a court order, 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;
(2) court-certified transcripts of any money judgment obtained in a court of New Mexico or, pursuant to Section 14-9-9 NMSA 1978, in the United States district court for the district of New Mexico;
n d d i = = o h (3) land patents and land office receipts;
(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;
(4) notice of lis pendens filed pursuant to Section 38-1-14 NMSA 1978;
d m :
(5) provisional 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 h 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.
If an original instrument of writing is HB 293/a Page 2 unavailable but, if it were available, could be filed and recorded in accordance with this section, a duplicate of that instrument shall be accepted for filing and recording if accompanied by an affidavit executed pursuant to this 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;
(1) provide the name, phone number and mailing address of the affiant;
l ] b ,d i a º e (2) provide information regarding the r i = r t e w d m a n o execution of the instrument, consideration paid, delivery or d m :
(2) provide information regarding the execution of the instrument, consideration paid, delivery or other information establishing that the original instrument, if it were available, would be entitled to be recorded pursuant to Subsection A of 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 instrument and the name of the affiant shall be indexed under h miscellaneous information.
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 miscellaneous information.
g o t hr [D.] F.
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.
Any filing or recording permitted or required under the provisions of the Uniform Commercial Code need not comply with the requirements of this section.
h , t, [E.] G.
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.
Instruments acknowledged on behalf of a corporation need not have the corporation's seal affixed thereto in order to be filed and recorded.
Sflº "»Sfl l ] b ,d i a º e SflºH.
SECTION 2.
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-purchase recording equipment and for supplies, training and maintenance for such equipment;
(1) to rent, purchase, lease or lease- purchase recording equipment and for supplies, training and maintenance for such equipment;
[(2) to rent, purchase, lease or lease-purchase equipment associated with all regular duties in h the county clerk's office and for supplies, training and u » r t h maintenance for such equipment;
(2) to rent, purchase, lease or lease- purchase vehicles associated with all regular duties in the county clerk's office and for supplies, training and HB 293/a Page 4 maintenance for such 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 e l i (3)] (2) to rent, purchase, lease or lease- h r i s purchase vehicles associated with all regular duties in the h , e h t u g county clerk's office 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 :
(3) for technical assistance or for training associated with all regular duties of the county clerk's office;
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 to this paragraph;
or (4) for staff travel associated with all regular duties of the county clerk's office pursuant to the Per Diem and Mileage Act." SECTION 3.
[(4)] (3) for technical assistance or for training associated with all regular duties of the county clerk's office;
A new section of Chapter 47, Article 1 NMSA 1978 is enacted to read:
or [(5)] (4) for staff travel associated with all regular duties of the county clerk's office pursuant to the Per Diem and Mileage Act." SECTION 3.
"ACTUAL AUTHORITY--REPRESENTATIVES OF BUSINESS ENTITIES--EXCEPTION.-- A.
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:
(1) for a cooperative association:
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president o t hr and vice president;
president and vice president;
g e i k (2) for a professional corporation:
(2) for a professional corporation:
president h r i s h and vice president;
president and vice president;
, t, e u g (3) for a nonprofit corporation:
(3) for a nonprofit corporation:
president e b l e e h and vice president;
president and vice president;
n d d i = = o h l ] b ,d (4) for a business corporation:
HB 293/a Page 5 (4) for a business corporation:
president and i a º e r i = r vice president;
president and vice president;
t e w d m a n o d m :
(5) for a limited liability company:
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.
The recorded statement shall be binding until the business entity revokes or amends the recorded statement and records the revocation or amendment with the county clerk.
g e i k C.
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.
A person may rely on the authority of the persons set forth in Subsection A of this section to act on behalf of a business entity, subject to limitations set forth in a previously recorded statement as provided in Subsection B of this section.
Nothing in this section shall preclude a i a º e r i = r business entity from executing a power of attorney and t e w d m a n o d m :
Nothing in this section shall preclude a HB 293/a Page 6 business entity from executing a power of attorney and empowering an attorney in fact to also act on its 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.
or (2) the authority of the person who executed the instrument or contract has been successfully challenged or is in the process of being challenged in a court having jurisdiction.
g e l i E.
E.
As used in this section, "business entity" means h r i s a:
As used in this section, "business entity" means a:
h , e h t u g (1) cooperative association created pursuant e b l e e , gh to the Cooperative Association Act;
(1) cooperative association created pursuant 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;
(2) professional corporation created pursuant to the Professional Corporation Act;
t e w d m a n o d m :
HB 293/a Page 7 (3) nonprofit corporation created pursuant to 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;
EFFECTIVE DATE.--The effective date of the provisions of this act is July 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 :
REPEAL.--Section 14-8-15.1 (being Laws 2011, Chapter 134, Section 22) is repealed.
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
SECTION 5.
EFFECTIVE DATE.--The effective date of the provisions of this act is July 1, 2019.
HB 293/a Page 8 25
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Action History

  1. Signed

  2. House concurred in Senate amendments

  3. passed Senate

  4. floor substitute adopted (1 amendment)

  5. DO PASS, as amended, committee report adopted

  6. DO PASS committee report adopted

  7. Sent to Senate Public Affairs Committee & Senate Judiciary Committee

  8. passed House

  9. DO PASS committee report adopted

  10. DO PASS committee report adopted

  11. Sent to House State Government, Elections & Indian Affairs Committee & House Judiciary Committee

Sponsors

  • Greg Nibert · Primary

Sponsorship breakdown

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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.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

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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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