Damages in absence of breach

NMSA 1978, § 46A-10-1003 — under Article 10.

NMSA 1978, § 46A-10-1003

A. A trustee is accountable to an affected beneficiary for any profit made by the trustee arising from the administration of the trust, even absent a breach of trust. B. Absent a breach of trust, a trustee is not liable to a beneficiary for a loss or depreciation in the value of trust property or for not having made a profit. History: Laws 2003, ch. 122, § 10-1003.