There is a newer version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 46A: Uniform Trust Code
Article 10: Liability of Trustees and Rights of Persons Dealing with Trustees, 46A-10-1001 through 46A-10-1013
Section 46A-10-1006: Reliance on trust instrument.
NM Stat § 46A-10-1006 (1996 through 1st Sess 50th Legis) What's This?
46A-10-1006. Reliance on trust instrument.
A trustee who acts in reasonable reliance on the terms of the trust as expressed in the trust instrument is not liable to a beneficiary for a breach of trust to the extent the breach resulted from the reliance.
Disclaimer: These codes may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
