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Section 45-7-604 - Diversification — New Mexico Law | CourtGPT
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  7. Section 45-7-604 - Diversification
New Mexico Legal Code

Section 45-7-604 - Diversification

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A trustee shall diversify the investments of the trust unless the trustee reasonably determines that, because of special circumstances, the purposes of the trust are better served without diversifying. History: 1978 Comp., § 45-7-604, enacted by Laws 1995, ch. 210, § 85. ANNOTATIONSEffective dates. — Laws 1995, ch. 210, § 94 made the Uniform Prudent Investor Act effective July 1, 1995.