Duty to administer trust

NMSA 1978, § 46A-8-801 — under Article 8.

NMSA 1978, § 46A-8-801

Upon acceptance of a trusteeship, the trustee shall administer the trust in good faith, in accordance with its terms and purposes and the interests of the beneficiaries and in accordance with the Uniform Trust Code [46A-1-101 NMSA 1978]. History: Laws 2003, ch. 122, § 8-801.