New Mexico Statutes 12-2A-3. General definitions
In the statutes and rules of New Mexico: A. “annually” means per year;
Terms Used In New Mexico Statutes 12-2A-3
- Codicil: An addition, change, or supplement to a will executed with the same formalities required for the will itself.
- Contract: A legal written agreement that becomes binding when signed.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Decedent: A deceased person.
- Executor: A male person named in a will to carry out the decedent
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- Personal property: All property that is not real property.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
B. “age of majority” begins on the first instant of an individual’s eighteenth birthday; C. “child” includes a child by adoption;
D. “oath” includes an affirmation;
E. “person” means an individual, corporation, business trust, estate, trust, partnership, limited liability company, association, joint venture or any legal or commercial entity;
F. “personal property” means property other than real property;
G. “personal representative” of a decedent‘s estate includes an administrator and executor;
H. “population” means the number of individuals enumerated in the most recent federal decennial census;
I. “property” means real and personal property;
J. “real property” means an estate or interest in, over or under land and other things or interests, including minerals, water, structures and fixtures that by custom, usage or law pass with a transfer of land even if the estate or interest is not described or mentioned in the contract of sale or instrument of conveyance and, if appropriate to the context, the land in which the estate or interest is claimed;
K. “rule” means a rule, regulation, order, standard or statement of policy, including amendments thereto or repeals thereof, promulgated by an administrative agency, that purports to affect one or more administrative agencies other than the promulgating agency or that purports to affect persons who are not members or employees of the promulgating agency;
L. “sign” or “subscribe” includes the execution or adoption of any symbol by a person with the present intention to authenticate a writing;
M. “state” means a state of the United States, the District of Columbia, the Commonwealth of Puerto Rico or any territory or insular possession subject to the jurisdiction of the United States;
N. “swear” includes affirm;
O. “will” includes a codicil; and
P. “written” and “in writing” includes printing, engraving or any other mode of representing words and letters.