New Mexico Statutes
§ 46-12-106 — Reasonable reliance
New Mexico § 46-12-106
This text of New Mexico § 46-12-106 (Reasonable reliance) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.M. Stat. Ann. § 46-12-106 (2026).
Text
A trustee or other person that reasonably relies on the validity of a distribution of part or all of the property of a trust to another trust, or a modification of a trust under the Uniform Trust Decanting Act, New Mexico law other than the Uniform Trust Decanting Act or the law of another jurisdiction, is not liable to any person for any action or failure to act as a result of the reliance.
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Legislative History
Laws 2016, ch. 72, § 1-106.
Nearby Sections
15
§ 46-1-1
Repealed§ 46-1-10
Repealed§ 46-1-11
Repealed§ 46-1-14
Court accountings§ 46-1-15
Uniformity of interpretation§ 46-1-16
Short title§ 46-1-2
Repealed§ 46-1-3
Repealed§ 46-1-4
Repealed§ 46-1-5
Repealed§ 46-1-6
Repealed§ 46-1-7
Repealed§ 46-1-8
RepealedCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 46-12-106, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/46/46-12-106.