New Mexico § 46-12-121 - Need to distribute not required
Full text of New Mexico New Mexico Statutes Annotated § 46-12-121 — Need to distribute not required, with citation guidance and answers to common questions.
§ 46-12-121. Need to distribute not required
An authorized fiduciary may exercise the decanting power regardless of whether under
the first trust's discretionary distribution standard the fiduciary would have made,
or could have been compelled to make, a discretionary distribution of principal at
the time of the exercise.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 46-12-121
What does New Mexico Statutes Annotated § 46-12-121 cover?
Section 46-12-121 ("Need to distribute not required") is part of the New Mexico Statutes Annotated, the codified statutory law of New Mexico. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Mexico § 46-12-121?
A common citation format is "New Mexico Statutes Annotated § 46-12-121" (New Mexico). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Mexico law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Mexico official source linked on this page or consult a licensed New Mexico attorney.
How does New Mexico § 46-12-121 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Mexico can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Mexico.