N.M. Stat. § 46A-4-407
Current through 2024, ch. 69
Except as required by a statute other than the Uniform Trust Code [46A-1-101 NMSA 1978], a trust need not be evidenced by a trust instrument, but the creation of an oral trust and its terms may be established only by clear and convincing evidence.
NMS § 46A-4-407