Need to distribute not required

NMSA 1978, § 46-12-121 — under Article 12.

NMSA 1978, § 46-12-121

An authorized fiduciary may exercise the decanting power regardless of whether under the first trust's discretionary distribution standard the fiduciary would have made, or could have been compelled to make, a discretionary distribution of principal at the time of the exercise. History: Laws 2016, ch. 72, § 1-121.