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Event affecting administration or distribution

NMSA 1978, § 46A-10-1007
in effect
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46A-10-1007. Event affecting administration or distribution 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. Laws 2003, ch. 122, § 10 -1006; recompiled as § 46A-10-1007 by Laws 2007, ch. 128, § 30.
Source: New Mexico Compilation Commission (nmonesource.com)URL: https://nmonesource.com/nmos/nmsa-unanno/en/item/18548/index.do#!b/46A-10-1007Fetched: 10/20/2026

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