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2019 New Mexico Statutes
Chapter 46 - Fiduciaries and Trusts
Article 14 - Uniform Directed Trust
Section 46-14-14 - Defenses in action against trust director.
Universal Citation: NM Stat § 46-14-14 (2019)
In an action against a trust director for breach of trust, the director may assert the same defenses a trustee in a like position and under similar circumstances could assert in an action for breach of trust against the trustee.
History: Laws 2018, ch. 63, § 14.
ANNOTATIONSEffective dates. — Laws 2018, ch. 63, § 25 makes Laws 2018, ch. 63, § 14 effective January 1, 2019.
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