All officers, directors, managers, trustees, professional fundraisers, professional fundraising counsel or other persons having access to the money of a charitable organization intended for use for charitable purposes shall be held to the standard of care defined for fiduciary trustees under common law.
§ 57-22-10 NMSA 1978
Standard of care
Known as the Charitable Solicitations Act
The act spans §§ 57–57 (17 sections).
Laws 1983, ch. 140, § 10; 1999, ch. 124, § 10.
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.