N.M. Stat. » N.M. Stat. / Chapter 45 / Article 7
New Mexico Statutes

N.M. Stat. § 45-7-601 (2026)

Short title.

✓ current as of May 2026
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Sections 45-7-601 through 45-7-612 NMSA 1978 may be cited as the "Uniform
Prudent Investor Act".

History: 1978 Comp., § 45-7-601, enacted by Laws 1995, ch. 210, § 82.

                                     ANNOTATIONS

Cross references. — For fiduciaries and trusts, see Chapter 46 NMSA 1978.

Effective dates. — Laws 1995, ch. 210, § 94 made the Uniform Prudent Investor Act
effective July 1, 1995.

Law reviews. — For article, "The New Mexico Uniform Trust Code," see 34 N.M.L.
Rev. 1 (2004).
For student article, "New Mexico's Land Grant and Severance Tax Permanent Funds:
Renewable Wealth from Non-Renewable Resources," see 48 Nat. Resources J. 719
(2008).
Notes of Decisions
Cited in 2 cases, 1999–2011 · leading case: Hill v. Vanderbilt Capital Advisors, LLC, 834 F. Supp. 2d 1228 (D.N.M. 2011).
Sort: Relevance Newest Treatment
Hill v. Vanderbilt Capital Advisors, LLC, 834 F. Supp. 2d 1228 (D.N.M. 2011). “A § 45-7-601, the New Mexico Legislature for the first time authorized the ERB to make “prudent” investments in alternative or non-traditional investments.”
Tays v. Tays (10th Cir. 1999). “’s expertise in real estate, we hold that he did not violate § 45-7-302 or any section of the Uniform Prudent Investor Act, N.M. Stat. Ann. §§ 45-7-601 to 45-7-612 (Michie Repl.”
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