New Mexico Statutes
§ 46A-5-501 — Rights of beneficiary's creditor or assignee
New Mexico § 46A-5-501
JurisdictionNew Mexico
Ch. 46AUniform Trust Code
Art. 5Creditor's Claims; Spendthrift and Discretionary
This text of New Mexico § 46A-5-501 (Rights of beneficiary's creditor or assignee) 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-5-501 (2026).
Text
To the extent a beneficiary's interest is not subject to a spendthrift provision, the court may authorize a creditor or assignee of the beneficiary to reach the beneficiary's interest by attachment of present or future distributions to or for the benefit of the beneficiary or other means. The court may limit the award to such relief as is appropriate under the circumstances.
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Legislative History
Laws 2003, ch. 122, § 5-501; 2007, ch. 128, § 12.
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-5-501, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/46A/46A-5-501.