2021 New Mexico Statutes
Article 11 - Business Corporations; Substantive Provisions
Section 53-11-21 - Repealed.

Repeals. — Laws 1983, ch. 304, § 73, repealed 53-11-21 NMSA 1978, as enacted by Laws 1967, ch. 81, § 20, relating to determination of the amount of stated capital, effective June 17, 1983.

Structure 2021 New Mexico Statutes

2021 New Mexico Statutes

Chapter 53 - Corporations

Article 11 - Business Corporations; Substantive Provisions

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 53-11-9 - 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Section 53-11-21 - Repealed.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.