There is a newer version of the New Mexico Statutes
2015 New Mexico Statutes
Chapter 46A - Uniform Trust Code
Section 10 Liability of Trustees and Rights of Persons Dealing with Trustees
Section 46A-10-1006 Reliance on trust instrument.
NM Stat § 46A-10-1006 (2015) 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.
History: Laws 2003, ch. 122, 10-1005; recompiled as 46A-10-1006 by Laws 2007, ch. 128, 30.
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