The Uniform Trust Code [46A-1-101 to 46A-11-1104 NMSA 1978] applies to express trusts, charitable or noncharitable, and trusts created pursuant to a statute, judgment or decree that requires the trust to be administered in the manner of an express trust.
History: Laws 2003, ch. 122, § 1-102.
Effective dates. — Laws 2003, ch. 122, § 11-1106 made the act effective July 1, 2003.
Structure New Mexico Statutes
Chapter 46A - Uniform Trust Code
Article 1 - General Provisions and Definitions
Section 46A-1-101 - Short title.
Section 46A-1-103 - Definitions.
Section 46A-1-104 - Knowledge.
Section 46A-1-105 - Default and mandatory rules.
Section 46A-1-106 - Common law of trusts; principles of equity.
Section 46A-1-107 - Governing law.
Section 46A-1-108 - Principal place of administration.
Section 46A-1-109 - Methods and waiver of notice.
Section 46A-1-110 - Others treated as qualified beneficiaries.
Section 46A-1-111 - Nonjudicial settlement agreements.