New Mexico Statutes
Part 6 - Uniform Prudent Investor Act
Section 45-7-604 - Diversification.

A trustee shall diversify the investments of the trust unless the trustee reasonably determines that, because of special circumstances, the purposes of the trust are better served without diversifying.
History: 1978 Comp., § 45-7-604, enacted by Laws 1995, ch. 210, § 85.
Effective dates. — Laws 1995, ch. 210, § 94 made the Uniform Prudent Investor Act effective July 1, 1995.