There Is a Newer Version
of
the New Mexico Statutes
2011 New Mexico Statutes
Chapter 45: Uniform Probate Code
Article 7: Trust Administration, 45-7-101 through 45-7-612
Section 45-7-608: Investment costs.
Universal Citation:
NM Stat § 45-7-608 (1996 through 1st Sess 50th Legis)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
45-7-608. Investment costs.
In investing and managing trust assets, a trustee may only incur costs that are appropriate and reasonable in relation to the assets, the purposes of the trust and the skills of the trustee.
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