New Mexico Statutes
§ 46-14-12 — Application to cotrustee [co-trustee]
The terms of a trust may relieve a cotrustee [co-trustee] from duty and liability with respect to another cotrustee's [co-trustee's] exercise or nonexercise of a power of the other cotrustee [co-trustee] to the same extent that, in a directed trust, a directed trustee is relieved from duty and liability with respect to a trust director's power of direction under Sections 9 through 11 [46-14-9 to 46-14-11 NMSA 1978] of the Uniform Directed Trust Act.
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New Mexico § 46-14-12 (Application to cotrustee [co-trustee]) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Laws 2018, ch. 63, § 12.
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Repealed§ 46-1-10
Repealed§ 46-1-11
Repealed§ 46-1-14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Repealed§ 46-1-3
Repealed§ 46-1-4
Repealed§ 46-1-5
Repealed§ 46-1-6
Repealed§ 46-1-7
Repealed§ 46-1-8
Repealed