Statutes > New Mexico Statutes > Chapter 45 - Uniform Probate Code. > Article 7 - Trust Administration, 45-7-101 through 45-7-612. > Section 45-7-608 - Investment costs.

Section 45-7-608 - Investment costs.

45-7-608. Investment costs.

In investing and managing trust assets, a trustee may only incur costs that are appropriate and reasonable in relation to the assets, the purposes of the trust and the skills of the trustee.