2021 New Mexico Statutes
Article 4 - Cooperative Associations
Section 53-4-43 - Laws not applicable.

No law of this state conflicting or inconsistent herewith shall, to the extent of the conflict or inconsistency be construed as applicable to associations formed hereunder.
History: Laws 1939, ch. 164, § 43; 1941 Comp., § 54-1443; 1953 Comp., § 51-15-43.

Structure 2021 New Mexico Statutes

2021 New Mexico Statutes

Chapter 53 - Corporations

Article 4 - Cooperative Associations

Section 53-4-1 - Definitions.

Section 53-4-1.1 - Short title.

Section 53-4-2 - Who may incorporate.

Section 53-4-3 - Purposes.

Section 53-4-4 - Powers.

Section 53-4-5 - Articles of incorporation; contents.

Section 53-4-6 - Articles of incorporation; filing; recordation; fees.

Section 53-4-6.1 - Registered office and registered agent.

Section 53-4-6.2 - Change of registered office or registered agent.

Section 53-4-6.3 - Service of process on association.

Section 53-4-6.4 - Recompiled.

Section 53-4-7 - Articles of incorporation; amendments; fee.

Section 53-4-8 - Adoption, amendment, or repeal of by-laws [bylaws].

Section 53-4-9 - Contents of by-laws [bylaws].

Section 53-4-9.1 - Indemnification of officers and directors.

Section 53-4-10 - Regular and special meetings.

Section 53-4-11 - Notice of meeting.

Section 53-4-12 - Meetings by units of the membership.

Section 53-4-13 - One member - one vote.

Section 53-4-14 - No proxy.

Section 53-4-15 - Voting by mail.

Section 53-4-16 - Application of voting provisions herein to voting by mail.

Section 53-4-17 - Application of voting provisions herein to voting by delegates.

Section 53-4-18 - Directors.

Section 53-4-18.1 - Duties of directors.

Section 53-4-18.2 - Liability of directors.

Section 53-4-18.3 - Repealed.

Section 53-4-19 - Officers.

Section 53-4-20 - Removal of directors and officers.

Section 53-4-21 - Referendum.

Section 53-4-21.1 - Disposition of property.

Section 53-4-22 - Limitations on interest-dividends.

Section 53-4-23 - Eligibility and admission to membership.

Section 53-4-24 - Subscribers.

Section 53-4-25 - Share and membership certificates; issuance and contents.

Section 53-4-26 - Transfer of shares and membership; withdrawal.

Section 53-4-27 - Share and membership certificates; recall.

Section 53-4-28 - Share and membership certificates; attachment.

Section 53-4-29 - Liability of members.

Section 53-4-30 - Expulsion.

Section 53-4-31 - Allocation and distribution of net savings.

Section 53-4-32 - Bonding.

Section 53-4-33 - Books; auditing.

Section 53-4-34 - Annual report.

Section 53-4-35 - Notice of delinquent reports; forfeitures; reinstatement.

Section 53-4-36 - Voluntary dissolution.

Section 53-4-37 - Use of name "cooperative"; penalty.

Section 53-4-38 - Promotion expenses; limitations; penalty.

Section 53-4-39 - Spreading false reports; penalty.

Section 53-4-40 - Existing cooperative corporations.

Section 53-4-41 - Foreign corporations.

Section 53-4-42 - Legality declared; not in restraint of trade.

Section 53-4-43 - Laws not applicable.

Section 53-4-44 - Subsequent laws.

Section 53-4-45 - Taxation.