Reviewing compliance.

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

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Compliance with the prudent investor rule is determined in light of the facts and circumstances existing at the time of a trustee's decision or action and not by hindsight.

History: 1978 Comp., § 45-7-609, enacted by Laws 1995, ch. 210, § 90.

ANNOTATIONS

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


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