A trustee who acts in reasonable reliance on the terms of the trust as expressed in the trust instrument is not liable to a beneficiary for a breach of trust to the extent the breach resulted from the reliance.
§ 46A-10-1006 NMSA 1978
Reliance on trust instrument
Laws 2003, ch. 122, § 10 -1005; recompiled as § 46A-10-1006 by Laws 2007, ch. 128, § 30.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.