Limited Liability Companies

  1. Law
  2. New Mexico Statutes
  3. Corporations
  4. Limited Liability Companies

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Section
53-19-1

Short title.

Section
53-19-2

Definitions.

Section
53-19-3

Name.

Section
53-19-4

Reservation of name.

Section
53-19-5

Registered office and registered agent; change of principal place of business.

Section
53-19-6

Nature and duration of business.

Section
53-19-7

Formation.

Section
53-19-8

Articles of organization.

Section
53-19-9

Filing.

Section
53-19-10

Effect of filing of articles of organization.

Section
53-19-11

Amendment and restatement of articles of organization.

Section
53-19-12

Execution of documents.

Section
53-19-13

Liability of members and managers to third parties.

Section
53-19-14

Parties to actions.

Section
53-19-15

Management by members or managers.

Section
53-19-16

Liabilities and duties of managers and members.

Section
53-19-17

Voting.

Section
53-19-18

Indemnification of members and managers.

Section
53-19-19

Records and information.

Section
53-19-20

Contributions to capital; certificates of membership interest.

Section
53-19-21

Liability for contribution.

Section
53-19-22

Sharing of profits and losses.

Section
53-19-23

Sharing of interim distributions.

Section
53-19-24

Distribution on event of dissociation.

Section
53-19-25

Withdrawals of capital and distributions in kind.

Section
53-19-26

Wrongful distributions.

Section
53-19-27

Liability upon wrongful distribution.

Section
53-19-28

Right to distribution.

Section
53-19-29

Ownership of property by the limited liability company.

Section
53-19-30

Transfer of property of limited liability company.

Section
53-19-31

Nature of membership interest.

Section
53-19-32

Assignment of interests.

Section
53-19-33

Right of assignee to become a member.

Section
53-19-34

Interest of a deceased, incompetent or terminated member.

Section
53-19-35

Rights of judgment creditor of member.

Section
53-19-36

Admission of members.

Section
53-19-37

Voluntary withdrawal of members.

Section
53-19-38

Events of dissociation.

Section
53-19-39

Dissolution.

Section
53-19-40

Judicial dissolution.

Section
53-19-41

Articles of dissolution.

Section
53-19-42

Winding up.

Section
53-19-43

Power of managers or members after dissolution.

Section
53-19-44

Distribution of assets.

Section
53-19-45

Known claims against dissolved limited liability company.

Section
53-19-46

Unknown claims against dissolved limited liability company.

Section
53-19-47

Laws governing foreign limited liability company.

Section
53-19-48

Registration.

Section
53-19-49

Issuance of registration.

Section
53-19-50

Name.

Section
53-19-51

Amended certificate of registration.

Section
53-19-52

Cancellation of registration.

Section
53-19-53

Transaction of business without registration.

Section
53-19-54

Transactions not constituting transacting business.

Section
53-19-55

Service of process.

Section
53-19-56

Action by attorney general.

Section
53-19-57

Suits by and against the limited liability company.

Section
53-19-58

Authority to sue on behalf of limited liability company.

Section
53-19-59

Conversions and mergers; definitions.

Section
53-19-60

Conversions and mergers; conversion of corporation, partnership or limited partnership to limited liability company.

Section
53-19-60.1

Conversions and mergers; conversion of limited liability company to corporation, partnership or limited partnership.

Section
53-19-61

Conversions and mergers; effect of conversion.

Section
53-19-62

Conversions and merger of entities.

Section
53-19-62.1

Conversion and mergers; articles of merger.

Section
53-19-62.2

Conversions and mergers; effect of merger.

Section
53-19-62.3

Conversion and mergers; non-exclusivity.

Section
53-19-63

Filing, service and copying fees.

Section
53-19-64

Execution by judicial act.

Section
53-19-65

Rules of construction.

Section
53-19-66

Powers of commission [secretary of state].

Section
53-19-66.1

Administrative revocation.

Section
53-19-66.2

Reinstatement following administrative revocation.

Section
53-19-67

Appeal from commission [secretary of state].

Section
53-19-68

Issuance of certificate of good standing and compliance.

Section
53-19-69

Certificates and certified copies to be received in evidence.

Section
53-19-70

Forms furnished by the commission [secretary of state].

Section
53-19-71

Application to existing limited liability companies.

Section
53-19-72

Application to foreign and interstate commerce.

Section
53-19-73

Reservation of power.

Section
53-19-74

Commission's [secretary of state's] retention of records.