§ 46A-7-701 Accepting or declining trusteeship
§ 46A-7-702 Trustee’s bond
§ 46A-7-703 Co-trustees
§ 46A-7-704 Vacancy in trusteeship; appointment of successor
§ 46A-7-705 Resignation of trustee
§ 46A-7-706 Removal of trustee
§ 46A-7-707 Delivery of property by former trustee
§ 46A-7-708 Compensation of trustee
§ 46A-7-709 Reimbursement of expenses
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Terms Used In New Mexico Statutes > Chapter 46A > Article 7 - Office of Trustee

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Fiduciary: A trustee, executor, or administrator.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Trustee: A person or institution holding and administering property in trust.