There Is a Newer Version
of
the New Mexico Statutes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 45-7-609: Reviewing compliance.
Universal Citation:
NM Stat § 45-7-609 (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.
45-7-609. Reviewing compliance.
Compliance with the prudent investor rule is determined in light of the facts and circumstances existing at the time of a trustee's decision or action and not by hindsight.
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