New Mexico § 46-12-103 - Scope
Full text of New Mexico New Mexico Statutes Annotated § 46-12-103 — Scope, with citation guidance and answers to common questions.
§ 46-12-103. Scope
A. Except as otherwise provided in Subsections B and C of this section, the Uniform
Trust Decanting Act applies to an express trust that is irrevocable or revocable by
the settlor only with the consent of the trustee or a person holding an adverse interest. B. The Uniform Trust Decanting Act does not apply to a trust held solely for charitable
purposes. C. Subject to Section 1-115 of the Uniform Trust Decanting Act, a trust instrument
may restrict or prohibit exercise of the decanting power. D. The Uniform Trust Decanting Act does not limit the power of a trustee, powerholder
or other person to distribute or appoint property in further trust or to modify a
trust under the trust instrument, New Mexico law other than the Uniform Trust Decanting
Act, common law, a court order or a nonjudicial-settlement agreement. E. The Uniform Trust Decanting Act does not affect the ability of a settlor to provide
in a trust instrument for the distribution of the trust property or appointment in
further trust of the trust property or for modification of the trust instrument.
Frequently Asked Questions About New Mexico § 46-12-103
What does New Mexico Statutes Annotated § 46-12-103 cover?
Section 46-12-103 ("Scope") 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 § 46-12-103?
A common citation format is "New Mexico Statutes Annotated § 46-12-103" (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 § 46-12-103 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.