Business Corporations; Substantive Provisions

  1. Law
  2. New Mexico Statutes
  3. Corporations
  4. Business Corporations; Substantive Provisions

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Section
53-11-1

Short title.

Section
53-11-2

Definitions.

Section
53-11-3

Purposes.

Section
53-11-4

General powers.

Section
53-11-4.1

Indemnification of directors and officers.

Section
53-11-5

Power of corporation to acquire its own shares.

Section
53-11-6

Defense of ultra vires.

Section
53-11-7

Corporate name.

Section
53-11-8

Reserved name.

Section
53-11-9

Registered name.

Section
53-11-10

Renewal of registered name.

Section
53-11-11

Registered office and registered agent.

Section
53-11-12

Failure to appoint and maintain registered agent; penalty; reinstatement.

Section
53-11-13

Change of registered office or registered agent.

Section
53-11-14

Service of process on corporation.

Section
53-11-15

Authorized shares.

Section
53-11-15.1

Shares held for account.

Section
53-11-16

Issuance of shares of preferred or special classes in series.

Section
53-11-17

Subscriptions for shares.

Section
53-11-18

Issuance of shares.

Section
53-11-19

Payment for shares.

Section
53-11-20

Stock rights and options.

Section
53-11-21

Repealed.

Section
53-11-22

Expenses of organization, reorganization and financing.

Section
53-11-23

Shares represented by certificates and uncertificated shares.

Section
53-11-24

Fractional shares.

Section
53-11-25

Liability of subscribers and shareholders.

Section
53-11-26

Shareholders' preemptive rights.

Section
53-11-27

Bylaws.

Section
53-11-28

Meetings of shareholders.

Section
53-11-29

Notice of shareholders' meetings.

Section
53-11-30

Closing of transfer books and fixing record date.

Section
53-11-31

Voting list.

Section
53-11-32

Quorum of shareholders.

Section
53-11-33

Voting of shares.

Section
53-11-34

Voting trusts and agreements among shareholders.

Section
53-11-35

Board of directors.

Section
53-11-36

Number and election of directors.

Section
53-11-37

Classification of directors.

Section
53-11-38

Vacancies.

Section
53-11-39

Removal of directors.

Section
53-11-40

Quorum of directors.

Section
53-11-40.1

Director conflict of interest.

Section
53-11-41

Executive and other committees.

Section
53-11-42

Place and notice of directors' meetings; committee meetings.

Section
53-11-43

Action by directors without a meeting.

Section
53-11-44

Distributions to shareholders.

Section
53-11-45

Repealed.

Section
53-11-46

Liability of directors in certain cases.

Section
53-11-47

Provisions relating to actions by shareholders.

Section
53-11-48

Officers.

Section
53-11-49

Removal of officers.

Section
53-11-50

Books and records; financial reports to shareholders; examination of records.

Section
53-11-51

Shares held for account.