New Mexico Statutes
Chapter 46 - Fiduciaries and Trusts
Article 12 - Uniform Trust Decanting

Section 46-12-101 - Short title. - Sections 1-101 through 1-129 [46-12-101 to 46-12-129 NMSA 1978] of...

Section 46-12-102 - Definitions. - As used in the Uniform Trust Decanting Act: A. "appointive...

Section 46-12-103 - Scope. - A. Except as otherwise provided in Subsections B and C...

Section 46-12-104 - Fiduciary duty. - A. In exercising the decanting power, an authorized fiduciary shall...

Section 46-12-105 - Application; governing law. - A. The Uniform Trust Decanting Act applies to a trust...

Section 46-12-106 - Reasonable reliance. - A trustee or other person that reasonably relies on the...

Section 46-12-107 - Notice; exercise of decanting power. - A. In this section, a notice period begins on the...

Section 46-12-108 - Representation. - A. Notice to a person with authority to represent and...

Section 46-12-109 - Court involvement. - A. On application of an authorized fiduciary, a person entitled...

Section 46-12-110 - Formalities. - An exercise of the decanting power shall be made in...

Section 46-12-111 - Decanting power under expanded distributive discretion. - A. As used in this section: (1) "noncontingent right" means...

Section 46-12-112 - Decanting power under limited distributive discretion. - A. As used in this section, "limited distributive discretion" means...

Section 46-12-113 - Trust for beneficiary with disability. - A. As used in this section: (1) "beneficiary with a...

Section 46-12-114 - Protection of charitable interest. - A. As used in this section: (1) "determinable charitable interest"...

Section 46-12-115 - Trust limitation on decanting. - A. An authorized fiduciary shall not exercise the decanting power...

Section 46-12-116 - Change in compensation. - A. If a first-trust instrument specifies an authorized fiduciary's compensation,...

Section 46-12-117 - Relief from liability and indemnification. - A. Except as otherwise provided in this section, a second-trust...

Section 46-12-118 - Removal or replacement of authorized fiduciary. - An authorized fiduciary shall not exercise the decanting power to...

Section 46-12-119 - Tax-related limitations. - A. As used in this section: (1) "grantor trust" means...

Section 46-12-120 - Duration of second trust. - A. Subject to Subsection B of this section, a second...

Section 46-12-121 - Need to distribute not required. - An authorized fiduciary may exercise the decanting power regardless of...

Section 46-12-122 - Saving provision. - A. If exercise of the decanting power would be effective...

Section 46-12-123 - Trust for care of animal. - A. As used in this section: (1) "animal trust" means...

Section 46-12-124 - Terms of second trust. - A reference in the Uniform Trust Code [Chapter 46A NMSA...

Section 46-12-125 - Settlor. - A. For purposes of New Mexico law other than the...

Section 46-12-126 - Later-discovered property. - A. Except as otherwise provided in Subsection C of this...

Section 46-12-127 - Obligations. - A debt, liability or other obligation enforceable against property of...

Section 46-12-128 - Uniformity of application and construction. - In applying and construing the Uniform Trust Decanting Act, consideration...

Section 46-12-129 - Relation to Electronic Signatures in Global and National Commerce Act. - The Uniform Trust Decanting Act modifies, limits or supersedes the...