New Mexico Statutes 46-14-15. Jurisdiction over trust director
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A. By accepting appointment as a trust director of a trust subject to the Uniform Directed Trust Act, the director submits to the personal jurisdiction of the courts of New Mexico regarding any matter related to a power or duty of the director.
Terms Used In New Mexico Statutes 46-14-15
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
B. This section does not preclude other methods of obtaining jurisdiction over a trust director.