Nonprofit Corporations

  1. Law
  2. New Mexico Statutes
  3. Corporations
  4. Nonprofit Corporations

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Section
53-8-1

Short title.

Section
53-8-2

Definitions.

Section
53-8-3

Applicability.

Section
53-8-4

Purposes.

Section
53-8-5

General powers.

Section
53-8-6

Defense of ultra vires.

Section
53-8-7

Corporate name.

Section
53-8-7.1

Reserved name.

Section
53-8-8

Registered office and registered agent.

Section
53-8-9

Change of registered office or registered agent.

Section
53-8-10

Service of process on corporation.

Section
53-8-11

Members.

Section
53-8-12

Bylaws.

Section
53-8-13

Meetings of members.

Section
53-8-14

Notice of members' meetings; waiver.

Section
53-8-15

Voting.

Section
53-8-16

Quorum.

Section
53-8-17

Board of directors.

Section
53-8-18

Number and election of directors.

Section
53-8-18.1

Repealed.

Section
53-8-19

Vacancy.

Section
53-8-20

Quorum of directors.

Section
53-8-21

Committees.

Section
53-8-22

Directors' meetings.

Section
53-8-23

Officers.

Section
53-8-24

Removal of officers.

Section
53-8-25

Liability.

Section
53-8-25.1

Duties of directors.

Section
53-8-25.2

Liability of directors.

Section
53-8-25.3

Nonprofit corporations; boards of directors; liability; immunity.

Section
53-8-26

Indemnification of officers and directors.

Section
53-8-27

Books and records.

Section
53-8-28

Shares of stock and dividends prohibited; exemption from franchise tax.

Section
53-8-29

Loans to directors and officers.

Section
53-8-30

Incorporators.

Section
53-8-31

Articles of incorporation.

Section
53-8-32

Filing of articles of incorporation.

Section
53-8-33

Effect of incorporation.

Section
53-8-34

Organization meetings.

Section
53-8-35

Right to amend articles of incorporation.

Section
53-8-36

Procedure to amend articles of incorporation.

Section
53-8-37

Articles of amendment.

Section
53-8-38

Effectiveness of amendment.

Section
53-8-39

Restated articles of incorporation.

Section
53-8-40

Procedure for merger.

Section
53-8-41

Procedure for consolidation.

Section
53-8-42

Adoption of merger or consolidation.

Section
53-8-43

Articles of merger or consolidation.

Section
53-8-44

Effect of merger or consolidation.

Section
53-8-45

Merger or consolidation of domestic and foreign corporations.

Section
53-8-46

Sale, lease, exchange or mortgage of assets.

Section
53-8-47

Voluntary dissolution.

Section
53-8-48

Distribution of assets.

Section
53-8-49

Plan of distribution.

Section
53-8-50

Revocation of voluntary dissolution proceedings.

Section
53-8-51

Articles of dissolution.

Section
53-8-52

Filing of articles of dissolution.

Section
53-8-53

Revocation of certificate of incorporation.

Section
53-8-54

Issuance of certificate of revocation.

Section
53-8-55

Jurisdiction of court to liquidate assets and affairs of corporation.

Section
53-8-56

Procedure in liquidation of corporation by court.

Section
53-8-57

Qualification of receivers.

Section
53-8-58

Filing of claims in liquidation proceedings.

Section
53-8-59

Discontinuance of liquidation proceedings.

Section
53-8-60

Decree of involuntary dissolution.

Section
53-8-61

Filing of decree of dissolution.

Section
53-8-62

Deposits with state treasurer.

Section
53-8-63

Survival of remedy after dissolution.

Section
53-8-64

Admission of foreign corporation.

Section
53-8-65

Powers of foreign corporation.

Section
53-8-66

Corporate name of foreign corporation.

Section
53-8-67

Change of name by foreign corporation.

Section
53-8-68

Application for certificate of authority.

Section
53-8-69

Filing of application for certificate of authority.

Section
53-8-70

Effect of [certificate of] authority.

Section
53-8-71

Registered office and registered agent of foreign corporation.

Section
53-8-72

Change of registered office or registered agent of foreign corporation.

Section
53-8-73

Service of process on foreign corporation.

Section
53-8-74

Repealed.

Section
53-8-75

Merger of foreign corporation authorized to conduct affairs in this state.

Section
53-8-76

Amended certificate of authority.

Section
53-8-77

Withdrawal of foreign corporation.

Section
53-8-78

Filing of application for withdrawal.

Section
53-8-79

Revocation of certificate of authority.

Section
53-8-80

Issuance of certificate of revocation.

Section
53-8-81

Conducting affairs without certificate of authority.

Section
53-8-82

Annual report.

Section
53-8-83

Filing of annual report; initial report; supplemental report; extension of time.

Section
53-8-84

Repealed.

Section
53-8-85

Fees for filing documents and issuing certificates.

Section
53-8-86

Recordkeeping.

Section
53-8-86.1

Fees of secretary of state; dishonored check; civil penalty; suspension of filing.

Section
53-8-87

Miscellaneous charges.

Section
53-8-88

Penalty imposed upon corporation.

Section
53-8-88.1

Dormant corporations; statement in lieu of annual report.

Section
53-8-89

Reports; affirmation; penalty.

Section
53-8-90

Authority to make refunds.

Section
53-8-91

Appeal from commission [secretary of state].

Section
53-8-92

Issuance of certificate of good standing and compliance.

Section
53-8-93

Certificates and certified copies to be received in evidence.

Section
53-8-94

Forms to be furnished by corporation commission [secretary of state].

Section
53-8-95

Greater voting requirements.

Section
53-8-96

Waiver of notice.

Section
53-8-97

Action by members or directors without a meeting.

Section
53-8-98

Unauthorized assumption of corporate powers.

Section
53-8-99

Effect of repeal of prior acts.