Upon acceptance of a trusteeship, the trustee shall administer the trust in good faith, in accordance with its terms and purposes and the interests of the beneficiaries and in accordance with the Uniform Trust Code [ 46A-1-101 NMSA 1978].
§ 46A-8-801 NMSA 1978
Duty to administer trust
Laws 2003, ch. 122, § 8 -801.
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.