2011 New Mexico Statutes
Chapter 46A: Uniform Trust Code
Article 1: General Provisions and Definitions, 46A-1-101 through 46A-1-113
Section 46A-1-107: Governing law. (Effective January 1, 2012.)
46A-1-107. Governing law.
The meaning and effect of the terms of a trust are determined by:
A. the law of the state designated in the terms;
B. the law of the jurisdiction designated in the terms, which jurisdiction is not a state, unless the designation of that jurisdiction's law is contrary to a strong public policy of this state or the state jurisdiction having the most significant relationship to the matter at issue; or
C. in the absence of a controlling designation in the terms of the trust, the law of the jurisdiction having the most significant relationship to the matter at issue.
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