New Mexico § 46-14-7 - Limitations on trust director
Full text of New Mexico New Mexico Statutes Annotated § 46-14-7 — Limitations on trust director, with citation guidance and answers to common questions.
§ 46-14-7. Limitations on trust director
A trust director is subject to the same rules as a trustee in a like position and
under similar circumstances in the exercise or nonexercise of a power of direction
or further power under Paragraph (1) of Subsection B of Section 6 of the Uniform Directed
Trust Act regarding: A. a payback provision in the terms of the trust necessary to comply with the reimbursement
requirements of medicaid law in Section 1917 of the Social Security Act, 42 U.S.C. Section 1396p(d)(4)(A) , as amended, and regulations issued thereunder, as amended; and B. a charitable interest in the trust, including notice regarding the interest to
the attorney general.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 46-14-7
What does New Mexico Statutes Annotated § 46-14-7 cover?
Section 46-14-7 ("Limitations on trust director") 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 § 46-14-7?
A common citation format is "New Mexico Statutes Annotated § 46-14-7" (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 § 46-14-7 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.