{"data":{"id":"us-nm/46-12-118","jurisdiction":"us-nm","citation":"46-12-118","heading":"Removal or replacement of authorized fiduciary.","body":"An authorized fiduciary shall not exercise the decanting power to modify a provision in a first-trust instrument granting another person power to remove or replace the fiduciary unless:\nA. the person holding the power consents to the modification in a signed record and the modification applies only to the person;\nB. the person holding the power and the qualified beneficiaries of the second trust consent to the modification in a signed record and the modification grants a substantially similar power to another person; or\nC. the court approves the modification and the modification grants a substantially similar power to another person.","path":["Chapter 46 - Fiduciaries and Trusts","ARTICLE 12 Uniform Trust Decanting"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18547/index.do","current_through":"2024-04-26","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"2b0fbd9e107310e62a2df14647b3e90554cd6ce040dc95d66410a20de12bbc48","source_id":"us-nm","stale":false,"prev":"us-nm/46-12-117","next":"us-nm/46-12-119"},"notice":"GroundRules: Original legal text. Not legal advice."}