Sections 45-7-601 through 45-7-612 NMSA 1978 may be cited as the "Uniform Prudent Investor Act".
History: 1978 Comp., § 45-7-601, enacted by Laws 1995, ch. 210, § 82.
Cross references. — For fiduciaries and trusts, see Chapter 46 NMSA 1978.
Effective dates. — Laws 1995, ch. 210, § 94 made the Uniform Prudent Investor Act effective July 1, 1995.
Law reviews. — For article, "The New Mexico Uniform Trust Code," see 34 N.M.L. Rev. 1 (2004).
For student article, "New Mexico's Land Grant and Severance Tax Permanent Funds: Renewable Wealth from Non-Renewable Resources," see 48 Nat. Resources J. 719 (2008).
Structure New Mexico Statutes
Chapter 45 - Uniform Probate Code
Article 7 - Trust Administration
Part 6 - Uniform Prudent Investor Act
Section 45-7-601 - Short title.
Section 45-7-602 - Prudent investor rule.
Section 45-7-603 - Standard of care; portfolio strategy; risk and return objectives.
Section 45-7-604 - Diversification.
Section 45-7-605 - Duties at inception of trusteeship.
Section 45-7-607 - Impartiality.
Section 45-7-608 - Investment costs.
Section 45-7-609 - Reviewing compliance.
Section 45-7-610 - Delegation of investment and management functions.