N.M. Stat. § 46A-4-407

Current through 2024, ch. 69

Section 46A-4-407 - Evidence of oral trust

Except as required by a statute other than the Uniform Trust Code [46A-1-101 NMSA 1978], a trust need not be evidenced by a trust instrument, but the creation of an oral trust and its terms may be established only by clear and convincing evidence.

NMS § 46A-4-407

Laws 2003, ch. 122, § 4 -407.