N.M. Stat. § 46A-4-403

Current through 2024, ch. 69

Section 46A-4-403 - Trusts created in other jurisdictions

A trust not created by will is validly created if its creation complies with the law of the jurisdiction in which the trust instrument was executed or the law of the jurisdiction in which, at the time of creation:

A. the settlor was domiciled, had a place of abode or was a national;

B. a trustee was domiciled or had a place of business; or

C. any trust property was located.

NMS § 46A-4-403

Laws 2003, ch. 122, § 4 -403.