Duties and Powers of Trustee | Midpage

Collections
New Mexico Statutes Annotated 1978

8

Duties and Powers of Trustee

State of New Mexico

46A-8-801Duty to administer trust 46A-8-802Duty of loyalty 46A-8-803Impartiality 46A-8-804Prudent administration 46A-8-805Costs of administration 46A-8-806Trustee's skills 46A-8-807Delegation by trustee 46A-8-809Control and protection of trust property 46A-8-810Recordkeeping and identification of trust property 46A-8-811Enforcement and defense of claims 46A-8-812Collecting trust property 46A-8-813Duty to inform and report 46A-8-814Discretionary powers; tax savings 46A-8-815General powers of trustee 46A-8-816Specific powers of trustee 46A-8-817Distribution upon termination