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§ 46A-4-403 NMSA 1978

Trusts created in other jurisdictions

Laws 2003, ch. 122, § 4 -403.

A trust not created by will is validly created if its creation complies with the law of the jurisdiction in which the trust instrument was executed or the law of the jurisdiction in which, at the time of creation:

A. the settlor was domiciled, had a place of abode or was a national;

B. a trustee was domiciled or had a place of business; or

C. any trust property was located.

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.