There is a newer version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 46A: Uniform Trust Code
Article 4: Creation, Validity, Modification and Termination of Trust, 46A-4-401 through 46A-4-417
Section 46A-4-401: Methods of creating trust.
NM Stat § 46A-4-401 (1996 through 1st Sess 50th Legis) What's This?
46A-4-401. Methods of creating trust.
A trust may be created by:
A. transfer of property to another person as trustee during the settlor's lifetime or by will or other disposition taking effect upon the settlor's death;
B. declaration by the owner of property that the owner holds identifiable property as trustee; or
C. exercise of a power of appointment in favor of a trustee.
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