{"data":{"id":"us-nm/46-14-10","jurisdiction":"us-nm","citation":"46-14-10","heading":"Duty to provide information to trust director or trustee.","body":"A. Subject to Section 11 [46-14-11 NMSA 1978] of the Uniform Directed Trust Act, a trustee shall provide information to a trust director to the extent the information is reasonably related both to:\n(1) the powers or duties of the trustee; and\n(2) the powers or duties of the director.\nB. Subject to Section 11 of the Uniform Directed Trust Act, a trust director shall provide information to a trustee or another trust director to the extent the information is reasonably related both to:\n(1) the powers or duties of the director; and\n(2) the powers or duties of the trustee or other director.\nC. A trustee that acts in reliance on information provided by a trust director is not liable for a breach of trust to the extent the breach resulted from the reliance, unless by so acting the trustee engages in willful misconduct.\nD. A trust director that acts in reliance on information provided by a trustee or another trust director is not liable for a breach of trust to the extent the breach resulted from the reliance, unless by so acting the trust director engages in willful misconduct.","path":["Chapter 46 - Fiduciaries and Trusts","ARTICLE 14 Uniform Directed Trust"],"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":"2b591fd229ec0230ad3c380c4b504fda4411b4621d1fe8924482a39724b8cedb","source_id":"us-nm","stale":false,"prev":"us-nm/46-14-9","next":"us-nm/46-14-11"},"notice":"GroundRules: Original legal text. Not legal advice."}