New Mexico Statutes
Article 3A - Uniform Principal and Income
Article 4 - ALLOCATION OF RECEIPTS

Part 1 - RECEIPTS FROM ENTITIES

Section 46-3A-401 - Character of receipts. - (a) As used in this section, "entity" means a corporation,...

Section 46-3A-402 - Distribution from trust or estate. - A trustee shall allocate to income an amount received as...

Section 46-3A-403 - Business and other activities conducted by trustee. - (a) If a trustee who conducts a business or other...

Part 2 - RECEIPTS NOT NORMALLY APPORTIONED

Section 46-3A-404 - Principal receipts. - A trustee shall allocate to principal: (1) to the extent...

Section 46-3A-405 - Rental property. - To the extent that a trustee accounts for receipts from...

Section 46-3A-406 - Obligation to pay money. - (a) An amount received as interest, whether determined at a...

Section 46-3A-407 - Insurance policies and similar contracts. - (a) Except as otherwise provided in Subsection (b), a trustee...

Part 3 - RECEIPTS NORMALLY APPORTIONED

Section 46-3A-408 - Insubstantial allocations not required. - If a trustee determines that an allocation between principal and...

Section 46-3A-409 - Deferred compensation, annuities and similar payments. - A. As used in this section: (1) "payment" means a...

Section 46-3A-410 - Liquidating asset. - (a) As used in this section, "liquidating asset" means an...

Section 46-3A-411 - Minerals, water and other natural resources. - (a) To the extent that a trustee accounts for receipts...

Section 46-3A-412 - Timber. - (a) To the extent that a trustee accounts for receipts...

Section 46-3A-413 - Property not productive of income. - (a) If a marital deduction is allowed for all or...

Section 46-3A-414 - Derivatives and options. - (a) As used in this section, "derivative" means a contract...

Section 46-3A-415 - Asset-backed securities. - (a) As used in this section, "asset-backed security" means an...