N.M. Stat. § 46A-8-810

Current through 2024, ch. 69
Section 46A-8-810 - Recordkeeping and identification of trust property
A. A trustee shall keep adequate records of the administration of the trust.
B. A trustee shall keep trust property separate from the trustee's own property.
C. Except as otherwise provided in Subsection D of this section, a trustee shall cause the trust property to be designated so that the interest of the trust, to the extent feasible, appears in records maintained by a party other than a trustee or beneficiary.
D. If the trustee maintains records clearly indicating the respective interests, a trustee may invest as a whole the property of two or more separate trusts.

NMS § 46A-8-810

Laws 2003, ch. 122, § 8 -810.