Trust purposes
NMSA 1978, § 46A-4-404
in effect46A-4-404. Trust purposes
A trust may be created only to the extent its purposes are lawful, not contrary to public policy and possible to achieve. A trust and its terms must be for the benefit of its beneficiaries.
Laws 2003, ch. 122, § 4 -404.
Source: New Mexico Compilation Commission (nmonesource.com)URL: https://nmonesource.com/nmos/nmsa-unanno/en/item/18548/index.do#!b/46A-4-404Fetched: 10/20/2026
