GroundRules
← Search the law
New Mexico · Through 2024-04-26

46A-4-404: Trust purposes.

Read at publisher ↗
Where this section sits in the code
  1. Chapter 46A - Uniform Trust Code
  2. ARTICLE 4 Creation, Validity, Modification and Termination of Trust

A trust may be created only to the extent its purposes are lawful, not contrary to public policy and possible to achieve. A trust and its terms must be for the benefit of its beneficiaries.

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

Browse this collection