N.M. Stat. § 45-7-608

Investment costs.

Last amended: 1995Year: 2026Length: 33 wordsOfficial source
In investing and managing trust assets, a trustee may only incur costs that are appropriate and reasonable in relation to the assets, the purposes of the trust and the skills of the trustee.
N.M. Stat. § 45-7-608: Investment costs. | Justis AI