New Mexico Article 7 — Trust Administration, 45-7-101 through 45-7-612.
Part 1. PRINCIPAL PLACE OF ADMINISTRATION
Part 2. JURISDICTION OF COURT CONCERNING TRUSTS
Part 3. DUTIES AND LIABILITIES OF TRUSTEES
Part 4. POWERS OF TRUSTEES
Part 5. CUSTODIAL TRUSTS
- 45-7-501 — Short title.
- 45-7-502 — Definitions.
- 45-7-503 — Custodial trust; general.
- 45-7-504 — Custodial trustee for future payment or transfer.
- 45-7-505 — Form and effect of receipt and acceptance by custodial trustee; jurisdiction.
- 45-7-506 — Transfer to custodial trustee by fiduciary or obligor; facility of payment.
- 45-7-507 — Multiple beneficiaries; separate custodial trusts; survivorship.
- 45-7-508 — General duties of custodial trustee.
- 45-7-509 — General powers of custodial trustee.
- 45-7-510 — Use of custodial trust property.
- 45-7-511 — Determination of incapacity; effect.
- 45-7-512 — Exemption of third person from liability.
- 45-7-513 — Liability to third person.
- 45-7-514 — Declination, resignation, incapacity, death or removal of custodial trustee; designation of successor custodial trustee.
- 45-7-515 — Expenses, compensation and bond of custodial trustee.
- 45-7-516 — Reporting and accounting by custodial trustee; determination of liability of custodial trustee.
- 45-7-517 — Limitations of action against custodial trustee.
- 45-7-518 — Distribution on termination.
- 45-7-519 — Methods and forms for creating custodial trusts.
- 45-7-520 — Applicable law.
- 45-7-521 — Uniformity of application and construction.
- 45-7-522 — Severability.
Part 6. UNIFORM PRUDENT INVESTOR ACT
- 45-7-601 — Short title.
- 45-7-602 — Prudent investor rule.
- 45-7-603 — Standard of care; portfolio strategy; risk and return objectives.
- 45-7-604 — Diversification.
- 45-7-605 — Duties at inception of trusteeship.
- 45-7-606 — Loyalty.
- 45-7-607 — Impartiality.
- 45-7-608 — Investment costs.
- 45-7-609 — Reviewing compliance.
- 45-7-610 — Delegation of investment and management functions.
- 45-7-611 — Language invoking standard.
- 45-7-612 — Application to existing trusts.