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Damages in absence of breach

NMSA 1978, § 46A-10-1003
in effect
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46A-10-1003. Damages in absence of breach A. A trustee is accountable to an affected beneficiary for any profit made by the trustee arising from the administration of the trust, even absent a breach of trust. B. Absent a breach of trust, a trustee is not liable to a beneficiary for a loss or depreciation in the value of trust property or for not having made a profit. Laws 2003, ch. 122, § 10 -1003.
Source: New Mexico Compilation Commission (nmonesource.com)URL: https://nmonesource.com/nmos/nmsa-unanno/en/item/18548/index.do#!b/46A-10-1003Fetched: 10/20/2026

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