Diversification.

  1. Law
  2. New Mexico Statutes
  3. Uniform Probate Code
  4. Trust Administration
  5. Uniform Prudent Investor Act
  6. Diversification.

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A trustee shall diversify the investments of the trust unless the trustee reasonably determines that, because of special circumstances, the purposes of the trust are better served without diversifying.

History: 1978 Comp., § 45-7-604, enacted by Laws 1995, ch. 210, § 85.

ANNOTATIONS

Effective dates. — Laws 1995, ch. 210, § 94 made the Uniform Prudent Investor Act effective July 1, 1995.


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