New Mexico Statutes
§ 46A-10-1007 — Event affecting administration or distribution
New Mexico § 46A-10-1007
JurisdictionNew Mexico
Ch. 46AUniform Trust Code
Art. 10Liability of Trustees and Rights of Persons Dealing
This text of New Mexico § 46A-10-1007 (Event affecting administration or distribution) 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. § 46A-10-1007 (2026).
Text
If the happening of an event, including marriage, divorce, performance of educational requirements or death, affects the administration or distribution of a trust, a trustee who has exercised reasonable care to ascertain the happening of the event is not liable for a loss resulting from the trustee's lack of knowledge.
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Legislative History
Laws 2003, ch. 122, § 10-1006; recompiled as § 46A-10-1007 by Laws 2007,
Nearby Sections
15
§ 46A-1-101
Short title§ 46A-1-102
Scope§ 46A-1-103
Definitions§ 46A-1-104
Knowledge§ 46A-1-105
Default and mandatory rules§ 46A-1-106
Common law of trusts; principles of equity§ 46A-1-107
Governing law§ 46A-1-108
Principal place of administration§ 46A-1-109
Methods and waiver of notice§ 46A-1-110
Others treated as qualified beneficiaries§ 46A-1-111
Nonjudicial settlement agreements§ 46A-1-112
Rules of construction§ 46A-1-113
Insurable interest of trustee§ 46A-10-1001
Breach of trust§ 46A-10-1002
Damages for breach of trustCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 46A-10-1007, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/46A/46A-10-1007.