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New Mexico · Through 2024-04-26

46-12-120: Duration of second trust.

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Where this section sits in the code
  1. Chapter 46 - Fiduciaries and Trusts
  2. ARTICLE 12 Uniform Trust Decanting

A. Subject to Subsection B of this section, a second trust may have a duration that is the same as or different from the duration of the first trust.

B. To the extent that property of a second trust is attributable to property of the first trust, the property of the second trust is subject to any maximum perpetuity, accumulation or suspension-of-the-power-of-alienation rules that apply to property of the first trust.

Collected 2026-09-03T15:02:19Z. Source file · JSON

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