{"data":{"id":"us-nm/46-14-13","jurisdiction":"us-nm","citation":"46-14-13","heading":"Limitation of action against trust director.","body":"A. An action against a trust director for breach of trust shall be commenced within the same limitation period provided for in Section 46A-10-1005 NMSA 1978 for an action for breach of trust against a trustee in a like position and under similar circumstances.\nB. A report or accounting has the same effect on the limitation period for an action against a trust director for breach of trust that the report or accounting would have under Section 46A-10-1005 NMSA 1978 in an action for breach of trust against a trustee in a like position and under similar circumstances.","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":"92a59058bf60ac2e88a5f47fec916ec8e7effe1847445117de19c314bd5a387d","source_id":"us-nm","stale":false,"prev":"us-nm/46-14-12","next":"us-nm/46-14-14"},"notice":"GroundRules: Original legal text. Not legal advice."}