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Code · New Mexico · Chapter 45 — Uniform Probate Code · Article 7 — Trust Administration

45-7-607. Impartiality.

42 words·~1 min read·/nm/chapter-45-uniform-probate-code/article-7-trust-administration/45-7-607

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If a trust has two or more beneficiaries, the trustee shall act impartially in investing and managing the trust assets, taking into account any differing interests of the beneficiaries.
History: 1978 Comp., § 45-7-607, enacted by Laws 1995, ch. 210, § 88.
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