• ARTICLE 1 State Corporation Commission
    • 53-1-1 to 53-1-6. Repealed.
      • ANNOTATIONS
  • ARTICLE 2 Fees and Miscellaneous Corporation Law
    • 53-2-1. Fees of secretary of state.
      • ANNOTATIONS
    • 53-2-2. Authority to make refunds.
      • ANNOTATIONS
    • 53-2-3. Disposition of fees.
      • ANNOTATIONS
    • 53-2-3.1. Fees of secretary of state; dishonored check; civil penalty; suspension of future filings.
      • ANNOTATIONS
    • 53-2-4. Corporations; compilation.
      • ANNOTATIONS
    • 53-2-5. [Mutual associations; creation of capital stock.]
      • ANNOTATIONS
    • 53-2-6. [Life insurance on directors, officers, agents and employees; evidence of authority for corporate action.]
      • ANNOTATIONS
    • 53-2-7. Amendments by corporations formed under other acts.
      • ANNOTATIONS
    • 53-2-8. No stockholder's liability; separate class of corporation.
      • ANNOTATIONS
    • 53-2-9. Validation of unsealed instruments.
      • ANNOTATIONS
    • 53-2-10. Private remedy.
      • ANNOTATIONS
    • 53-2-11. Electronic filing and certification of documents; use of electronic payment of fees.
      • ANNOTATIONS
  • ARTICLE 3 Franchise Tax
    • 53-3-1 to 53-3-6. Recompiled.
      • ANNOTATIONS
    • 53-3-7. Repealed.
      • ANNOTATIONS
    • 53-3-8. Recompiled.
      • ANNOTATIONS
    • 53-3-9, 53-3-10. Repealed.
      • ANNOTATIONS
    • 53-3-11 to 53-3-17. Repealed.
      • ANNOTATIONS
    • 53-3-18. Repealed.
      • ANNOTATIONS
    • 53-3-19 to 53-3-31. Repealed.
      • ANNOTATIONS
    • 53-3-32. Repealed.
      • ANNOTATIONS
    • 53-3-33. Repealed.
      • ANNOTATIONS
    • 53-3-34. Repealed.
      • ANNOTATIONS
  • ARTICLE 4 Cooperative Associations
    • 53-4-1. Definitions.
      • ANNOTATIONS
    • 53-4-1.1. Short title.
      • ANNOTATIONS
    • 53-4-2. Who may incorporate.
      • ANNOTATIONS
    • 53-4-3. Purposes.
      • ANNOTATIONS
    • 53-4-4. Powers.
      • ANNOTATIONS
    • 53-4-5. Articles of incorporation; contents.
      • ANNOTATIONS
    • 53-4-6. Articles of incorporation; filing; recordation; fees.
      • ANNOTATIONS
    • 53-4-6.1. Registered office and registered agent.
      • ANNOTATIONS
    • 53-4-6.2. Change of registered office or registered agent.
      • ANNOTATIONS
    • 53-4-6.3. Service of process on association.
      • ANNOTATIONS
    • 53-4-6.4. Recompiled.
      • ANNOTATIONS
    • 53-4-7. Articles of incorporation; amendments; fee.
      • ANNOTATIONS
    • 53-4-8. Adoption, amendment, or repeal of by-laws [bylaws].
      • ANNOTATIONS
    • 53-4-9. Contents of by-laws [bylaws].
      • ANNOTATIONS
    • 53-4-9.1. Indemnification of officers and directors.
      • ANNOTATIONS
    • 53-4-10. Regular and special meetings.
      • ANNOTATIONS
    • 53-4-11. Notice of meeting.
      • ANNOTATIONS
    • 53-4-12. Meetings by units of the membership.
      • ANNOTATIONS
    • 53-4-13. One member - one vote.
      • ANNOTATIONS
    • 53-4-14. No proxy.
      • ANNOTATIONS
    • 53-4-15. Voting by mail.
      • ANNOTATIONS
    • 53-4-16. Application of voting provisions herein to voting by mail.
    • 53-4-17. Application of voting provisions herein to voting by delegates.
    • 53-4-18. Directors.
      • ANNOTATIONS
    • 53-4-18.1. Duties of directors.
    • 53-4-18.2. Liability of directors.
      • ANNOTATIONS
    • 53-4-18.3. Repealed.
      • ANNOTATIONS
    • 53-4-19. Officers.
      • ANNOTATIONS
    • 53-4-20. Removal of directors and officers.
      • ANNOTATIONS
    • 53-4-21. Referendum.
      • ANNOTATIONS
    • 53-4-21.1. Disposition of property.
    • 53-4-22. Limitations on interest-dividends.
      • ANNOTATIONS
    • 53-4-23. Eligibility and admission to membership.
      • ANNOTATIONS
    • 53-4-24. Subscribers.
      • ANNOTATIONS
    • 53-4-25. Share and membership certificates; issuance and contents.
      • ANNOTATIONS
    • 53-4-26. Transfer of shares and membership; withdrawal.
      • ANNOTATIONS
    • 53-4-27. Share and membership certificates; recall.
      • ANNOTATIONS
    • 53-4-28. Share and membership certificates; attachment.
      • ANNOTATIONS
    • 53-4-29. Liability of members.
      • ANNOTATIONS
    • 53-4-30. Expulsion.
      • ANNOTATIONS
    • 53-4-31. Allocation and distribution of net savings.
      • ANNOTATIONS
    • 53-4-32. Bonding.
      • ANNOTATIONS
    • 53-4-33. Books; auditing.
      • ANNOTATIONS
    • 53-4-34. Annual report.
      • ANNOTATIONS
    • 53-4-35. Notice of delinquent reports; forfeitures; reinstatement.
      • ANNOTATIONS
    • 53-4-36. Voluntary dissolution.
      • ANNOTATIONS
    • 53-4-37. Use of name "cooperative"; penalty.
      • ANNOTATIONS
    • 53-4-38. Promotion expenses; limitations; penalty.
      • ANNOTATIONS
    • 53-4-39. Spreading false reports; penalty.
      • ANNOTATIONS
    • 53-4-40. Existing cooperative corporations.
      • ANNOTATIONS
    • 53-4-41. Foreign corporations.
      • ANNOTATIONS
    • 53-4-42. Legality declared; not in restraint of trade.
      • ANNOTATIONS
    • 53-4-43. Laws not applicable.
    • 53-4-44. Subsequent laws.
    • 53-4-45. Taxation.
      • ANNOTATIONS
  • ARTICLE 5 Corporate Reports
    • 53-5-1. Short title.
      • ANNOTATIONS
    • 53-5-2. Corporate and supplemental reports.
      • ANNOTATIONS
    • 53-5-3. Public regulation commission [secretary of state] to supply definitions.
      • ANNOTATIONS
    • 53-5-4. Exempt corporations.
      • ANNOTATIONS
    • 53-5-5. Corporate reports; affirmation; penalty.
      • ANNOTATIONS
    • 53-5-6. Application for period of extension.
      • ANNOTATIONS
    • 53-5-7. Failure to file corporate reports; penalty.
      • ANNOTATIONS
    • 53-5-7.1. Canceled corporations stricken from public regulation commission [secretary of state] files.
      • ANNOTATIONS
    • 53-5-8. Public regulation commission [secretary of state] may furnish forms; release of information; penalty.
      • ANNOTATIONS
    • 53-5-9. Dormant corporations; statement in lieu of corporate report.
      • ANNOTATIONS
    • 53-5-10. Repealed.
      • ANNOTATIONS
  • ARTICLE 6 Professional Corporations
    • 53-6-1. Purpose of act.
      • ANNOTATIONS
    • 53-6-2. Short title.
    • 53-6-3. Definitions.
      • ANNOTATIONS
    • 53-6-4. Incorporation.
      • ANNOTATIONS
    • 53-6-5. Purposes for which incorporated.
      • ANNOTATIONS
    • 53-6-6. Corporate name.
      • ANNOTATIONS
    • 53-6-7. Professional services through officers, employees, and agents.
      • ANNOTATIONS
    • 53-6-8. Professional relationships preserved.
      • ANNOTATIONS
    • 53-6-9. Issuance and transfer of shares.
      • ANNOTATIONS
    • 53-6-10. Sale and transfer of shares.
      • ANNOTATIONS
    • 53-6-11. Contingent purchase or redemption price.
      • ANNOTATIONS
    • 53-6-12. Disqualification; dissolution.
      • ANNOTATIONS
    • 53-6-13. Mergers or consolidations.
      • ANNOTATIONS
    • 53-6-14. Application to professional corporations.
      • ANNOTATIONS
  • ARTICLE 7 Business Development Corporation
    • 53-7-1 to 53-7-17. Repealed.
      • ANNOTATIONS
    • 53-7-18. Repealed.
      • ANNOTATIONS
    • 53-7-19. Repealed.
      • ANNOTATIONS
    • 53-7-20. Repealed.
      • ANNOTATIONS
    • 53-7-21. Repealed.
      • ANNOTATIONS
    • 53-7-22. Repealed.
      • ANNOTATIONS
    • 53-7-23. Repealed.
      • ANNOTATIONS
    • 53-7-24. Repealed.
      • ANNOTATIONS
    • 53-7-25. Repealed.
      • ANNOTATIONS
    • 53-7-26. Repealed.
      • ANNOTATIONS
    • 53-7-27. Repealed.
      • ANNOTATIONS
    • 53-7-28. Repealed.
      • ANNOTATIONS
    • 53-7-29. Repealed.
      • ANNOTATIONS
    • 53-7-30. Repealed.
      • ANNOTATIONS
    • 53-7-31. Repealed.
      • ANNOTATIONS
    • 53-7-32. Repealed.
      • ANNOTATIONS
    • 53-7-33. Repealed.
      • ANNOTATIONS
    • 53-7-34. Repealed.
      • ANNOTATIONS
    • 53-7-35. Repealed.
      • ANNOTATIONS
    • 53-7-36. Repealed.
      • ANNOTATIONS
    • 53-7-37. Repealed.
      • ANNOTATIONS
    • 53-7-38. Repealed.
      • ANNOTATIONS
    • 53-7-39. Repealed.
      • ANNOTATIONS
    • 53-7-40. Repealed.
      • ANNOTATIONS
    • 53-7-41. Repealed.
      • ANNOTATIONS
    • 53-7-42. Repealed.
      • ANNOTATIONS
    • 53-7-43. Repealed.
      • ANNOTATIONS
    • 53-7-44. Repealed.
      • ANNOTATIONS
    • 53-7-45. Repealed.
      • ANNOTATIONS
    • 53-7-46. Repealed.
      • ANNOTATIONS
  • ARTICLE 7A Economic Development Corporation
    • 53-7A-1. Short title.
      • ANNOTATIONS
    • 53-7A-2. Purposes.
      • ANNOTATIONS
    • 53-7A-3. Corporation authorized; board of directors; organization; limitation of liability.
      • ANNOTATIONS
    • 53-7A-4. Corporation; powers.
      • ANNOTATIONS
    • 53-7A-5. Corporation; duties.
      • ANNOTATIONS
    • 53-7A-6. Application of other laws.
      • ANNOTATIONS
  • ARTICLE 7B New Mexico Research Applications
    • 53-7B-1. Short title.
      • ANNOTATIONS
    • 53-7B-2. Purposes.
      • ANNOTATIONS
    • 53-7B-3. Definitions.
      • ANNOTATIONS
    • 53-7B-4. Research applications center; formation; board of directors; public access to meetings and minutes.
      • ANNOTATIONS
    • 53-7B-5. Research applications center; powers.
      • ANNOTATIONS
    • 53-7B-6. Applicability of other laws.
      • ANNOTATIONS
    • 53-7B-7. Annual audit and report.
      • ANNOTATIONS
    • 53-7B-8. Conflicts of interest.
      • ANNOTATIONS
    • 53-7B-9. Contracts involving public employees.
      • ANNOTATIONS
    • 53-7B-10. Transfer of technology; ownership of intellectual property.
      • ANNOTATIONS
  • ARTICLE 8 Nonprofit Corporations
    • 53-8-1. Short title.
      • ANNOTATIONS
    • 53-8-2. Definitions.
      • ANNOTATIONS
    • 53-8-3. Applicability.
      • ANNOTATIONS
    • 53-8-4. Purposes.
      • ANNOTATIONS
    • 53-8-5. General powers.
      • ANNOTATIONS
    • 53-8-6. Defense of ultra vires.
      • ANNOTATIONS
    • 53-8-7. Corporate name.
      • ANNOTATIONS
    • 53-8-7.1. Reserved name.
      • ANNOTATIONS
    • 53-8-8. Registered office and registered agent.
    • 53-8-9. Change of registered office or registered agent.
      • ANNOTATIONS
    • 53-8-10. Service of process on corporation.
      • ANNOTATIONS
    • 53-8-11. Members.
      • ANNOTATIONS
    • 53-8-12. Bylaws.
      • ANNOTATIONS
    • 53-8-13. Meetings of members.
      • ANNOTATIONS
    • 53-8-14. Notice of members' meetings; waiver.
      • ANNOTATIONS
    • 53-8-15. Voting.
      • ANNOTATIONS
    • 53-8-16. Quorum.
      • ANNOTATIONS
    • 53-8-17. Board of directors.
      • ANNOTATIONS
    • 53-8-18. Number and election of directors.
      • ANNOTATIONS
    • 53-8-18.1. Repealed.
      • ANNOTATIONS
    • 53-8-19. Vacancy.
    • 53-8-20. Quorum of directors.
      • ANNOTATIONS
    • 53-8-21. Committees.
      • ANNOTATIONS
    • 53-8-22. Directors' meetings.
      • ANNOTATIONS
    • 53-8-23. Officers.
      • ANNOTATIONS
    • 53-8-24. Removal of officers.
      • ANNOTATIONS
    • 53-8-25. Liability.
      • ANNOTATIONS
    • 53-8-25.1. Duties of directors.
    • 53-8-25.2. Liability of directors.
      • ANNOTATIONS
    • 53-8-25.3. Nonprofit corporations; boards of directors; liability; immunity.
      • ANNOTATIONS
    • 53-8-26. Indemnification of officers and directors.
      • ANNOTATIONS
    • 53-8-27. Books and records.
      • ANNOTATIONS
    • 53-8-28. Shares of stock and dividends prohibited; exemption from franchise tax.
      • ANNOTATIONS
    • 53-8-29. Loans to directors and officers.
      • ANNOTATIONS
    • 53-8-30. Incorporators.
      • ANNOTATIONS
    • 53-8-31. Articles of incorporation.
      • ANNOTATIONS
    • 53-8-32. Filing of articles of incorporation.
      • ANNOTATIONS
    • 53-8-33. Effect of incorporation.
      • ANNOTATIONS
    • 53-8-34. Organization meetings.
    • 53-8-35. Right to amend articles of incorporation.
      • ANNOTATIONS
    • 53-8-36. Procedure to amend articles of incorporation.
    • 53-8-37. Articles of amendment.
      • ANNOTATIONS
    • 53-8-38. Effectiveness of amendment.
      • ANNOTATIONS
    • 53-8-39. Restated articles of incorporation.
      • ANNOTATIONS
    • 53-8-40. Procedure for merger.
      • ANNOTATIONS
    • 53-8-41. Procedure for consolidation.
      • ANNOTATIONS
    • 53-8-42. Adoption of merger or consolidation.
    • 53-8-43. Articles of merger or consolidation.
      • ANNOTATIONS
    • 53-8-44. Effect of merger or consolidation.
      • ANNOTATIONS
    • 53-8-45. Merger or consolidation of domestic and foreign corporations.
      • ANNOTATIONS
    • 53-8-46. Sale, lease, exchange or mortgage of assets.
    • 53-8-47. Voluntary dissolution.
      • ANNOTATIONS
    • 53-8-48. Distribution of assets.
      • ANNOTATIONS
    • 53-8-49. Plan of distribution.
    • 53-8-50. Revocation of voluntary dissolution proceedings.
      • ANNOTATIONS
    • 53-8-51. Articles of dissolution.
      • ANNOTATIONS
    • 53-8-52. Filing of articles of dissolution.
      • ANNOTATIONS
    • 53-8-53. Revocation of certificate of incorporation.
      • ANNOTATIONS
    • 53-8-54. Issuance of certificate of revocation.
      • ANNOTATIONS
    • 53-8-55. Jurisdiction of court to liquidate assets and affairs of corporation.
      • ANNOTATIONS
    • 53-8-56. Procedure in liquidation of corporation by court.
      • ANNOTATIONS
    • 53-8-57. Qualification of receivers.
      • ANNOTATIONS
    • 53-8-58. Filing of claims in liquidation proceedings.
      • ANNOTATIONS
    • 53-8-59. Discontinuance of liquidation proceedings.
    • 53-8-60. Decree of involuntary dissolution.
      • ANNOTATIONS
    • 53-8-61. Filing of decree of dissolution.
      • ANNOTATIONS
    • 53-8-62. Deposits with state treasurer.
    • 53-8-63. Survival of remedy after dissolution.
      • ANNOTATIONS
    • 53-8-64. Admission of foreign corporation.
      • ANNOTATIONS
    • 53-8-65. Powers of foreign corporation.
    • 53-8-66. Corporate name of foreign corporation.
      • ANNOTATIONS
    • 53-8-67. Change of name by foreign corporation.
    • 53-8-68. Application for certificate of authority.
      • ANNOTATIONS
    • 53-8-69. Filing of application for certificate of authority.
      • ANNOTATIONS
    • 53-8-70. Effect of [certificate of] authority.
      • ANNOTATIONS
    • 53-8-71. Registered office and registered agent of foreign corporation.
      • ANNOTATIONS
    • 53-8-72. Change of registered office or registered agent of foreign corporation.
      • ANNOTATIONS
    • 53-8-73. Service of process on foreign corporation.
      • ANNOTATIONS
    • 53-8-74. Repealed.
      • ANNOTATIONS
    • 53-8-75. Merger of foreign corporation authorized to conduct affairs in this state.
      • ANNOTATIONS
    • 53-8-76. Amended certificate of authority.
      • ANNOTATIONS
    • 53-8-77. Withdrawal of foreign corporation.
      • ANNOTATIONS
    • 53-8-78. Filing of application for withdrawal.
      • ANNOTATIONS
    • 53-8-79. Revocation of certificate of authority.
      • ANNOTATIONS
    • 53-8-80. Issuance of certificate of revocation.
      • ANNOTATIONS
    • 53-8-81. Conducting affairs without certificate of authority.
      • ANNOTATIONS
    • 53-8-82. Annual report.
      • ANNOTATIONS
    • 53-8-83. Filing of annual report; initial report; supplemental report; extension of time.
      • ANNOTATIONS
    • 53-8-84. Repealed.
      • ANNOTATIONS
    • 53-8-85. Fees for filing documents and issuing certificates.
      • ANNOTATIONS
    • 53-8-86. Recordkeeping.
      • ANNOTATIONS
    • 53-8-86.1. Fees of secretary of state; dishonored check; civil penalty; suspension of filing.
      • ANNOTATIONS
    • 53-8-87. Miscellaneous charges.
      • ANNOTATIONS
    • 53-8-88. Penalty imposed upon corporation.
      • ANNOTATIONS
    • 53-8-88.1. Dormant corporations; statement in lieu of annual report.
      • ANNOTATIONS
    • 53-8-89. Reports; affirmation; penalty.
      • ANNOTATIONS
    • 53-8-90. Authority to make refunds.
      • ANNOTATIONS
    • 53-8-91. Appeal from commission [secretary of state].
      • ANNOTATIONS
    • 53-8-92. Issuance of certificate of good standing and compliance.
      • ANNOTATIONS
    • 53-8-93. Certificates and certified copies to be received in evidence.
      • ANNOTATIONS
    • 53-8-94. Forms to be furnished by corporation commission [secretary of state].
      • ANNOTATIONS
    • 53-8-95. Greater voting requirements.
      • ANNOTATIONS
    • 53-8-96. Waiver of notice.
      • ANNOTATIONS
    • 53-8-97. Action by members or directors without a meeting.
      • ANNOTATIONS
    • 53-8-98. Unauthorized assumption of corporate powers.
    • 53-8-99. Effect of repeal of prior acts.
      • ANNOTATIONS
  • ARTICLE 9 Indian Pueblos
    • 53-9-1. [Pueblo Indian communities; bodies corporate; powers.]
      • ANNOTATIONS
  • ARTICLE 10 Unincorporated Associations
    • 53-10-1. [Purpose of organization; filing statement, articles of association and rules and regulations with county clerk.]
      • ANNOTATIONS
    • 53-10-2. [Property holdings; effect of member's death on termination of membership; member's interest not subject to execution.]
      • ANNOTATIONS
    • 53-10-3. [Mortgage or sale of property; method of conveyance.]
      • ANNOTATIONS
    • 53-10-4. [Rules and regulations; subjects; effect.]
      • ANNOTATIONS
    • 53-10-5. [Right to sue and be sued; actions against members.]
      • ANNOTATIONS
    • 53-10-6. Suits against or by unincorporated associations; recovery of judgments.
      • ANNOTATIONS
    • 53-10-7. [Maximum term of existence; dissolution; distribution of proceeds of property.]
      • ANNOTATIONS
    • 53-10-8. [Construction of act.]
      • ANNOTATIONS
  • ARTICLE 11 Business Corporations; Substantive Provisions
    • 53-11-1. Short title.
      • ANNOTATIONS
    • 53-11-2. Definitions.
      • ANNOTATIONS
    • 53-11-3. Purposes.
      • ANNOTATIONS
    • 53-11-4. General powers.
      • ANNOTATIONS
    • 53-11-4.1. Indemnification of directors and officers.
      • ANNOTATIONS
    • 53-11-5. Power of corporation to acquire its own shares.
      • ANNOTATIONS
    • 53-11-6. Defense of ultra vires.
      • ANNOTATIONS
    • 53-11-7. Corporate name.
      • ANNOTATIONS
    • 53-11-8. Reserved name.
      • ANNOTATIONS
    • 53-11-9. Registered name.
      • ANNOTATIONS
    • 53-11-10. Renewal of registered name.
      • ANNOTATIONS
    • 53-11-11. Registered office and registered agent.
      • ANNOTATIONS
    • 53-11-12. Failure to appoint and maintain registered agent; penalty; reinstatement.
      • ANNOTATIONS
    • 53-11-13. Change of registered office or registered agent.
      • ANNOTATIONS
    • 53-11-14. Service of process on corporation.
      • ANNOTATIONS
    • 53-11-15. Authorized shares.
      • ANNOTATIONS
    • 53-11-15.1. Shares held for account.
    • 53-11-16. Issuance of shares of preferred or special classes in series.
      • ANNOTATIONS
    • 53-11-17. Subscriptions for shares.
      • ANNOTATIONS
    • 53-11-18. Issuance of shares.
      • ANNOTATIONS
    • 53-11-19. Payment for shares.
      • ANNOTATIONS
    • 53-11-20. Stock rights and options.
      • ANNOTATIONS
    • 53-11-21. Repealed.
      • ANNOTATIONS
    • 53-11-22. Expenses of organization, reorganization and financing.
      • ANNOTATIONS
    • 53-11-23. Shares represented by certificates and uncertificated shares.
      • ANNOTATIONS
    • 53-11-24. Fractional shares.
      • ANNOTATIONS
    • 53-11-25. Liability of subscribers and shareholders.
      • ANNOTATIONS
    • 53-11-26. Shareholders' preemptive rights.
      • ANNOTATIONS
    • 53-11-27. Bylaws.
      • ANNOTATIONS
    • 53-11-28. Meetings of shareholders.
      • ANNOTATIONS
    • 53-11-29. Notice of shareholders' meetings.
      • ANNOTATIONS
    • 53-11-30. Closing of transfer books and fixing record date.
      • ANNOTATIONS
    • 53-11-31. Voting list.
      • ANNOTATIONS
    • 53-11-32. Quorum of shareholders.
      • ANNOTATIONS
    • 53-11-33. Voting of shares.
      • ANNOTATIONS
    • 53-11-34. Voting trusts and agreements among shareholders.
      • ANNOTATIONS
    • 53-11-35. Board of directors.
      • ANNOTATIONS
    • 53-11-36. Number and election of directors.
      • ANNOTATIONS
    • 53-11-37. Classification of directors.
      • ANNOTATIONS
    • 53-11-38. Vacancies.
      • ANNOTATIONS
    • 53-11-39. Removal of directors.
      • ANNOTATIONS
    • 53-11-40. Quorum of directors.
      • ANNOTATIONS
    • 53-11-40.1. Director conflict of interest.
      • ANNOTATIONS
    • 53-11-41. Executive and other committees.
      • ANNOTATIONS
    • 53-11-42. Place and notice of directors' meetings; committee meetings.
      • ANNOTATIONS
    • 53-11-43. Action by directors without a meeting.
      • ANNOTATIONS
    • 53-11-44. Distributions to shareholders.
      • ANNOTATIONS
    • 53-11-45. Repealed.
      • ANNOTATIONS
    • 53-11-46. Liability of directors in certain cases.
      • ANNOTATIONS
    • 53-11-47. Provisions relating to actions by shareholders.
      • ANNOTATIONS
    • 53-11-48. Officers.
      • ANNOTATIONS
    • 53-11-49. Removal of officers.
      • ANNOTATIONS
    • 53-11-50. Books and records; financial reports to shareholders; examination of records.
      • ANNOTATIONS
    • 53-11-51. Shares held for account.
  • ARTICLE 12 Business Corporations; Formation of Corporations
    • 53-12-1. Incorporators.
      • ANNOTATIONS
    • 53-12-2. Articles of incorporation.
      • ANNOTATIONS
    • 53-12-3. Filing of articles of incorporation.
      • ANNOTATIONS
    • 53-12-4. Effect of incorporation.
      • ANNOTATIONS
    • 53-12-5. Organization meeting of directors.
      • ANNOTATIONS
    • 53-12-6. Repealed.
      • ANNOTATIONS
  • ARTICLE 13 Business Corporations; Amendment of Articles of Incorporation
    • 53-13-1. Right to amend articles of incorporation.
      • ANNOTATIONS
    • 53-13-2. Procedure to amend articles of incorporation.
      • ANNOTATIONS
    • 53-13-3. Class voting on amendments.
      • ANNOTATIONS
    • 53-13-4. Articles of amendment.
      • ANNOTATIONS
    • 53-13-5. Filing of articles of amendment.
      • ANNOTATIONS
    • 53-13-6. Effect of certificate of amendment.
      • ANNOTATIONS
    • 53-13-7. Restated articles of incorporation.
      • ANNOTATIONS
    • 53-13-8. Amendment of articles of incorporation in reorganization proceedings.
      • ANNOTATIONS
    • 53-13-9 to 53-13-12. Repealed.
      • ANNOTATIONS
    • 53-13-13. Procedure for share exchange.
      • ANNOTATIONS
  • ARTICLE 14 Business Corporations; Mergers and Consolidations
    • 53-14-1. Procedure for merger.
      • ANNOTATIONS
    • 53-14-2. Procedure for consolidation.
      • ANNOTATIONS
    • 53-14-3. Approval by shareholders.
      • ANNOTATIONS
    • 53-14-4. Articles of merger, consolidation or exchange.
      • ANNOTATIONS
    • 53-14-5. Merger of subsidiary corporation.
      • ANNOTATIONS
    • 53-14-6. Effect of merger, consolidation or exchange.
      • ANNOTATIONS
    • 53-14-7. Merger, consolidation or exchange of shares between domestic and foreign corporations.
      • ANNOTATIONS
  • ARTICLE 15 Business Corporations; Sale of Assets
    • 53-15-1. Sale of assets in regular course of business and mortgage or pledge of assets.
      • ANNOTATIONS
    • 53-15-2. Sale of assets other than in regular course of business.
      • ANNOTATIONS
    • 53-15-3. Right of shareholders to dissent and obtain payment for shares.
      • ANNOTATIONS
    • 53-15-4. Rights of dissenting shareholders.
      • ANNOTATIONS
  • ARTICLE 16 Business Corporations; Dissolution of Corporations
    • 53-16-1. Voluntary dissolution by incorporators.
      • ANNOTATIONS
    • 53-16-2. Voluntary dissolution by consent of shareholders.
      • ANNOTATIONS
    • 53-16-3. Voluntary dissolution by act of corporation.
      • ANNOTATIONS
    • 53-16-4. Filing statement of intent to dissolve.
      • ANNOTATIONS
    • 53-16-5. Effect of statement of intent to dissolve.
      • ANNOTATIONS
    • 53-16-6. Procedure after filing of statement of intent to dissolve.
      • ANNOTATIONS
    • 53-16-7. Revocation of voluntary dissolution proceedings by consent of shareholders.
      • ANNOTATIONS
    • 53-16-8. Revocation of voluntary dissolution proceedings by act of corporation.
      • ANNOTATIONS
    • 53-16-9. Filing statement of revocation of voluntary dissolution proceedings.
      • ANNOTATIONS
    • 53-16-10. Effect of statement of revocation of voluntary dissolution proceedings.
      • ANNOTATIONS
    • 53-16-11. Articles of dissolution.
      • ANNOTATIONS
    • 53-16-12. Filing of articles of dissolution.
      • ANNOTATIONS
    • 53-16-13. Involuntary dissolution.
      • ANNOTATIONS
    • 53-16-14. Notification to attorney general.
      • ANNOTATIONS
    • 53-16-15. Venue and process.
      • ANNOTATIONS
    • 53-16-16. Jurisdiction of court to liquidate assets and business of corporation.
      • ANNOTATIONS
    • 53-16-17. Procedure in liquidation of corporation by court.
      • ANNOTATIONS
    • 53-16-18. Qualifications of receivers.
      • ANNOTATIONS
    • 53-16-19. Filing of claims in liquidation proceedings.
      • ANNOTATIONS
    • 53-16-20. Discontinuance of liquidation proceedings.
      • ANNOTATIONS
    • 53-16-21. Decree of involuntary dissolution.
      • ANNOTATIONS
    • 53-16-22. Filing of decree of dissolution.
      • ANNOTATIONS
    • 53-16-23. Deposit with state treasurer of amount due certain shareholders.
      • ANNOTATIONS
    • 53-16-24. Survival of remedy after dissolution.
      • ANNOTATIONS
  • ARTICLE 17 Business Corporations; Foreign Corporations
    • 53-17-1. Admission of foreign corporation.
      • ANNOTATIONS
    • 53-17-2. Powers of foreign corporation.
      • ANNOTATIONS
    • 53-17-3. Corporate name of foreign corporation.
      • ANNOTATIONS
    • 53-17-4. Change of name by foreign corporation.
      • ANNOTATIONS
    • 53-17-5. Application for certificate of authority.
      • ANNOTATIONS
    • 53-17-6. Filing of application for certificate of authority.
      • ANNOTATIONS
    • 53-17-7. Application for readmission.
      • ANNOTATIONS
    • 53-17-8. Effect of [certificate of] authority.
      • ANNOTATIONS
    • 53-17-9. Registered office and registered agent of foreign corporation.
      • ANNOTATIONS
    • 53-17-10. Change of registered office or registered agent of foreign corporation.
      • ANNOTATIONS
    • 53-17-11. Service of process on foreign corporation.
      • ANNOTATIONS
    • 53-17-12. Repealed.
      • ANNOTATIONS
    • 53-17-13. Merger or conversion of foreign corporation authorized to transact business in this state.
      • ANNOTATIONS
    • 53-17-14. Amended certificate of authority.
      • ANNOTATIONS
    • 53-17-15. Withdrawal of foreign corporation.
      • ANNOTATIONS
    • 53-17-16. Filing of application for withdrawal.
      • ANNOTATIONS
    • 53-17-17. Revocation of certificate of authority.
      • ANNOTATIONS
    • 53-17-18. Issuance of certificate of revocation; reinstatement.
      • ANNOTATIONS
    • 53-17-19. Application to corporations heretofore authorized to transact business in this state.
      • ANNOTATIONS
    • 53-17-20. Transacting business without certificate of authority.
      • ANNOTATIONS
    • 53-17-21. Repealed.
      • ANNOTATIONS
  • ARTICLE 18 Business Corporations; Miscellaneous Provisions
    • 53-18-1. Powers of commission [secretary of state].
      • ANNOTATIONS
    • 53-18-2. Appeal from commission [secretary of state].
      • ANNOTATIONS
    • 53-18-3. Issuance of certificate of good standing and compliance.
      • ANNOTATIONS
    • 53-18-4. Certificates and certified copies to be received in evidence.
      • ANNOTATIONS
    • 53-18-5. Forms to be furnished by commission [secretary of state].
      • ANNOTATIONS
    • 53-18-6. Greater voting requirements.
      • ANNOTATIONS
    • 53-18-6.1. Voting requirements; existing corporations.
      • ANNOTATIONS
    • 53-18-7. Waiver of notice.
      • ANNOTATIONS
    • 53-18-8. Action by shareholders without a meeting.
      • ANNOTATIONS
    • 53-18-9. Unauthorized assumption of corporate powers.
      • ANNOTATIONS
    • 53-18-10. Application to existing corporations.
      • ANNOTATIONS
    • 53-18-11. Application to foreign and interstate commerce.
      • ANNOTATIONS
    • 53-18-12. Reservation of power.
      • ANNOTATIONS
  • ARTICLE 19 Limited Liability Companies
    • 53-19-1. Short title.
      • ANNOTATIONS
    • 53-19-2. Definitions.
      • ANNOTATIONS
    • 53-19-3. Name.
      • ANNOTATIONS
    • 53-19-4. Reservation of name.
      • ANNOTATIONS
    • 53-19-5. Registered office and registered agent; change of principal place of business.
      • ANNOTATIONS
    • 53-19-6. Nature and duration of business.
    • 53-19-7. Formation.
      • ANNOTATIONS
    • 53-19-8. Articles of organization.
      • ANNOTATIONS
    • 53-19-9. Filing.
      • ANNOTATIONS
    • 53-19-10. Effect of filing of articles of organization.
      • ANNOTATIONS
    • 53-19-11. Amendment and restatement of articles of organization.
      • ANNOTATIONS
    • 53-19-12. Execution of documents.
      • ANNOTATIONS
    • 53-19-13. Liability of members and managers to third parties.
    • 53-19-14. Parties to actions.
    • 53-19-15. Management by members or managers.
      • ANNOTATIONS
    • 53-19-16. Liabilities and duties of managers and members.
      • ANNOTATIONS
    • 53-19-17. Voting.
      • ANNOTATIONS
    • 53-19-18. Indemnification of members and managers.
    • 53-19-19. Records and information.
    • 53-19-20. Contributions to capital; certificates of membership interest.
    • 53-19-21. Liability for contribution.
    • 53-19-22. Sharing of profits and losses.
    • 53-19-23. Sharing of interim distributions.
    • 53-19-24. Distribution on event of dissociation.
    • 53-19-25. Withdrawals of capital and distributions in kind.
    • 53-19-26. Wrongful distributions.
    • 53-19-27. Liability upon wrongful distribution.
    • 53-19-28. Right to distribution.
    • 53-19-29. Ownership of property by the limited liability company.
    • 53-19-30. Transfer of property of limited liability company.
    • 53-19-31. Nature of membership interest.
    • 53-19-32. Assignment of interests.
    • 53-19-33. Right of assignee to become a member.
    • 53-19-34. Interest of a deceased, incompetent or terminated member.
    • 53-19-35. Rights of judgment creditor of member.
    • 53-19-36. Admission of members.
    • 53-19-37. Voluntary withdrawal of members.
    • 53-19-38. Events of dissociation.
    • 53-19-39. Dissolution.
      • ANNOTATIONS
    • 53-19-40. Judicial dissolution.
    • 53-19-41. Articles of dissolution.
      • ANNOTATIONS
    • 53-19-42. Winding up.
    • 53-19-43. Power of managers or members after dissolution.
      • ANNOTATIONS
    • 53-19-44. Distribution of assets.
    • 53-19-45. Known claims against dissolved limited liability company.
      • ANNOTATIONS
    • 53-19-46. Unknown claims against dissolved limited liability company.
      • ANNOTATIONS
    • 53-19-47. Laws governing foreign limited liability company.
    • 53-19-48. Registration.
      • ANNOTATIONS
    • 53-19-49. Issuance of registration.
      • ANNOTATIONS
    • 53-19-50. Name.
      • ANNOTATIONS
    • 53-19-51. Amended certificate of registration.
      • ANNOTATIONS
    • 53-19-52. Cancellation of registration.
      • ANNOTATIONS
    • 53-19-53. Transaction of business without registration.
    • 53-19-54. Transactions not constituting transacting business.
    • 53-19-55. Service of process.
    • 53-19-56. Action by attorney general.
    • 53-19-57. Suits by and against the limited liability company.
    • 53-19-58. Authority to sue on behalf of limited liability company.
      • ANNOTATIONS
    • 53-19-59. Conversions and mergers; definitions.
      • ANNOTATIONS
    • 53-19-60. Conversions and mergers; conversion of corporation, partnership or limited partnership to limited liability company.
      • ANNOTATIONS
    • 53-19-60.1. Conversions and mergers; conversion of limited liability company to corporation, partnership or limited partnership.
      • ANNOTATIONS
    • 53-19-61. Conversions and mergers; effect of conversion.
      • ANNOTATIONS
    • 53-19-62. Conversions and merger of entities.
      • ANNOTATIONS
    • 53-19-62.1. Conversion and mergers; articles of merger.
      • ANNOTATIONS
    • 53-19-62.2. Conversions and mergers; effect of merger.
      • ANNOTATIONS
    • 53-19-62.3. Conversion and mergers; non-exclusivity.
    • 53-19-63. Filing, service and copying fees.
      • ANNOTATIONS
    • 53-19-64. Execution by judicial act.
      • ANNOTATIONS
    • 53-19-65. Rules of construction.
    • 53-19-66. Powers of commission [secretary of state].
      • ANNOTATIONS
    • 53-19-66.1. Administrative revocation.
      • ANNOTATIONS
    • 53-19-66.2. Reinstatement following administrative revocation.
      • ANNOTATIONS
    • 53-19-67. Appeal from commission [secretary of state].
      • ANNOTATIONS
    • 53-19-68. Issuance of certificate of good standing and compliance.
      • ANNOTATIONS
    • 53-19-69. Certificates and certified copies to be received in evidence.
      • ANNOTATIONS
    • 53-19-70. Forms furnished by the commission [secretary of state].
      • ANNOTATIONS
    • 53-19-71. Application to existing limited liability companies.
      • ANNOTATIONS
    • 53-19-72. Application to foreign and interstate commerce.
    • 53-19-73. Reservation of power.
    • 53-19-74. Commission's [secretary of state’s] retention of records.
      • ANNOTATIONS
  • ARTICLE 20 Foreign Business Trust Administration
    • 53-20-1. Short title.
      • ANNOTATIONS
    • 53-20-2. Definitions.
      • ANNOTATIONS
    • 53-20-3. Certificate of authority; necessity to obtain to transact business; what constitutes not transacting business.
      • ANNOTATIONS
    • 53-20-4. Name of foreign business trust.
      • ANNOTATIONS
    • 53-20-5. Prohibited change of name; penalties.
      • ANNOTATIONS
    • 53-20-6. Application for certificate of authority.
      • ANNOTATIONS
    • 53-20-7. Issuance of certificate of authority.
      • ANNOTATIONS
    • 53-20-8. Changes and amendments.
      • ANNOTATIONS
    • 53-20-9. Registered office and registered agent; requirement of maintenance in state.
      • ANNOTATIONS
    • 53-20-10. Registered office and registered agent; change; resignation of registered agent.
      • ANNOTATIONS
    • 53-20-11. Service of process.
      • ANNOTATIONS
    • 53-20-12. Certificate of withdrawal; application and filing.
      • ANNOTATIONS
    • 53-20-13. Certificate of withdrawal; issuance.
      • ANNOTATIONS
    • 53-20-14. Certificate of authority; revocation; causes.
      • ANNOTATIONS
    • 53-20-15. Certificate of authority; revocation procedure.
      • ANNOTATIONS
    • 53-20-16. Consequences of transacting business without authority.
      • ANNOTATIONS
    • 53-20-17. Fees.
      • ANNOTATIONS
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Historical New Mexico Statutes Annotated 1978

Decision Information

Decision Content

Footnotes