N.M. Stat. § 45-7-608

Current through 2024, ch. 69

Section 45-7-608 - Investment costs

In investing and managing trust assets, a trustee may only incur costs that are appropriate and reasonable in relation to the assets, the purposes of the trust and the skills of the trustee.

NMS § 45-7-608

1978 Comp., § 45-7-608, enacted by Laws 1995, ch. 210, § 89.