N.M. Stat. § 46A-8-801

Current through 2024, ch. 69
Section 46A-8-801 - Duty to administer trust

Upon acceptance of a trusteeship, the trustee shall administer the trust in good faith, in accordance with its terms and purposes and the interests of the beneficiaries and in accordance with the Uniform Trust Code [46A-1-101 NMSA 1978].

NMS § 46A-8-801

Laws 2003, ch. 122, § 8 -801.