A trust may be created only to the extent its purposes are lawful, not contrary to public policy and possible to achieve. A trust and its terms must be for the benefit of its beneficiaries. History: Laws 2003, ch. 122, § 4-404.
Trust purposes
NMSA 1978, § 46A-4-404 — under Article 4.
NMSA 1978, § 46A-4-404