New Mexico Statutes 46-14-14. Defenses in action against trust director
Current as of: 2023 | Check for updates
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In an action against a trust director for breach of trust, the director may assert the same defenses a trustee in a like position and under similar circumstances could assert in an action for breach of trust against the trustee.
Terms Used In New Mexico Statutes 46-14-14
- Trustee: A person or institution holding and administering property in trust.