N.M. Stat. § 46A-7-707

Current through 2024, ch. 69
Section 46A-7-707 - Delivery of property by former trustee
A. Unless a co-trustee remains in office or the court otherwise orders, and until the trust property is delivered to a successor trustee or other person entitled to it, a trustee who has resigned or been removed has the duties of a trustee and the powers necessary to protect the trust property.
B. A trustee who has resigned or been removed shall proceed expeditiously to deliver the trust property within the trustee's possession to the co-trustee, successor trustee or other person entitled to it.

NMS § 46A-7-707

Laws 2003, ch. 122, § 7 -707.