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N.M. Stat.
2018 New Mexico Statutes
Chapter 45 - Uniform Probate Code
Article 7 - Trust Administration
Section 45-7-607 - Impartiality.
Universal Citation:
NM Stat § 45-7-607 (2018)
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45-7-607. Impartiality.
If a trust has two or more beneficiaries, the trustee shall act impartially in investing and managing the trust assets, taking into account any differing interests of the beneficiaries.
History: 1978 Comp., § 45-7-607, enacted by Laws 1995, ch. 210, § 88.
Effective dates. — Laws 1995, ch. 210, § 94 made the Uniform Prudent Investor Act effective July 1, 1995.
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