{"data":{"id":"us-nm/46-14-6","jurisdiction":"us-nm","citation":"46-14-6","heading":"Powers of trust director.","body":"A. Subject to Section 7 [46-14-7 NMSA 1978] of the Uniform Directed Trust Act, the terms of a trust may grant a power of direction to a trust director.\nB. Unless the terms of a trust provide otherwise:\n(1) a trust director may exercise any further power appropriate to the exercise or nonexercise of a power of direction granted to the director under Subsection A of this section; and\n(2) trust directors with joint powers shall act by majority decision.","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":"0a791533ef6e0b1cba85f3a99be63736e944c4d1aa75d663468c3eddaf4ecc99","source_id":"us-nm","stale":false,"prev":"us-nm/46-14-5","next":"us-nm/46-14-7"},"notice":"GroundRules: Original legal text. Not legal advice."}