New Mexico § 45-7-105 - Registration; qualification of foreign trustee
Full text of New Mexico New Mexico Statutes Annotated § 45-7-105 — Registration; qualification of foreign trustee, with citation guidance and answers to common questions.
§ 45-7-105. Registration; qualification of foreign trustee
A. A foreign corporate trustee is required to qualify as a foreign corporation doing
business in New Mexico if it maintains the principal place of administration of any
trust within the state. A foreign corporate cotrustee is not required to qualify in New Mexico solely because
its cotrustee maintains the principal place of administration in New Mexico. Unless otherwise doing business in New Mexico, local qualification by a foreign
trustee, corporate or individual, is not required in order for the trustee to receive
distribution from a local estate or to hold, invest in, manage or acquire property
located in this state, or maintain litigation. B. Nothing in this section affects a determination of what other acts require qualification
as doing business in New Mexico.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 45-7-105
What does New Mexico Statutes Annotated § 45-7-105 cover?
Section 45-7-105 ("Registration; qualification of foreign trustee") 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 § 45-7-105?
A common citation format is "New Mexico Statutes Annotated § 45-7-105" (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 § 45-7-105 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.