New Mexico Statutes
Chapter 63 - Railroads and Communications
Article 1 - Organization and Management of Railroads

Section 63-1-1 - [Formation of corporations.] - Railroad corporations may be formed by the voluntary association of...

Section 63-1-2 - [Articles of incorporation.] - Articles of incorporation must be prepared, setting forth: A. the...

Section 63-1-3 - [Execution of articles of incorporation.] - The articles of incorporation must be subscribed by five or...

Section 63-1-4 - [Subscriptions to capital stock; minimum amount paid in.] - The corporators of each intended corporation, before filing articles of...

Section 63-1-5 - [Affidavit stating amount of stock subscribed and amount paid.] - There must be securely attached to said articles of incorporation,...

Section 63-1-6 - Filing; effect. - Articles of incorporation, with the powers of attorney mentioned in...

Section 63-1-7 - Articles of incorporation; certified copies. - A copy of any articles of incorporation filed in pursuance...

Section 63-1-8 - [Owners of capital stock are stockholders.] - The owners of shares of the capital stock of corporations...

Section 63-1-9 - [Bylaws; adoption.] - Every corporation formed under this chapter must, within three months...

Section 63-1-10 - [Contents of bylaws.] - Where no other provision is especially made by this chapter,...

Section 63-1-11 - [Book of bylaws; public inspection; amendment and repeal of bylaws.] - All bylaws must be certified by a majority of the...

Section 63-1-12 - [Management by board of directors; number; quorum; vacancies.] - The corporate powers, business and property of all railroad corporations...

Section 63-1-13 - [Election and term of directors.] - The directors named in the articles of incorporation shall hold...

Section 63-1-14 - [Ballots; majority required; voting rights.] - All elections of directors must be by ballot, and a...

Section 63-1-15 - [Directors' organization meeting; officers; majority.] - The directors named in the articles of incorporation must meet...

Section 63-1-16 - [Meetings of directors; call; notice.] - When no provision is made in the bylaws for regular...

Section 63-1-17 - [Removal of directors; call and notice of meetings; filling vacancy.] - Directors may be removed from office by a vote of...

Section 63-1-18 - [Declaring dividends; restrictions; liability of directors.] - The directors must not make or declare dividends, except from...

Section 63-1-19 - [Calls for installment payment of subscriptions; notice of assessment; publication; form; default; suit or sale of shares.] - The directors may call in and demand from the stockholders...

Section 63-1-20 - [Assessment remaining unpaid; requirements for new levy.] - No assessment shall be levied while any portion of a...

Section 63-1-21 - [Transfer of shares sold for assessment.] - All shares sold for assessments, as provided in Section 63-1-19...

Section 63-1-22 - [Purchase by corporation of stock sold for assessments; procedure.] - If, at the sale, no bidder offers the amount of...

Section 63-1-23 - [Effect of corporation purchase.] - All purchases of its own stock made by any corporation,...

Section 63-1-24 - [Extension of time for assessment payment or stock sale; restrictions.] - The dates fixed in any notice of assessment, or notice...

Section 63-1-25 - [Errors in proceedings; effect.] - No assessment shall be invalidated by a failure to make...

Section 63-1-26 - [Actions to recover stock sold for assessments; restrictions.] - No action shall be sustained to recover stock sold for...

Section 63-1-27 - [Proof of publication of assessment or stock sale for default in payment.] - The publication of notices required by Section 63-1-19 NMSA 1978...

Section 63-1-28 - [Stock shares; nature; transfer; restrictions.] - Shares of the capital stock of any railroad corporation shall...

Section 63-1-29 - [Issuance of stock certificates.] - Certificates for stock, when fully paid up, signed by the...

Section 63-1-30 - [Transfer of nonresident's shares of stock.] - When shares of stock are owned by persons residing out...

Section 63-1-31 - [Call for stockholders' meeting when authority is lacking; warrant of magistrate.] - Whenever, from any cause, there is no person authorized to...

Section 63-1-32 - [Quorum for stockholders' meeting; adjournment; record.] - At all meetings of the stockholders for any purpose, a...

Section 63-1-33 - [Postponement of election.] - If from any cause an election does not take place...

Section 63-1-34 - [Court review of elections; notice.] - Upon the application of any person or body corporate aggrieved...

Section 63-1-35 - [Waiver of notice of stockholders' meeting.] - When all the stockholders are present at any meeting, however...

Section 63-1-36 - [Validity of proceedings where notice of meeting is waived.] - The stockholders, when assembled, as provided in the last section...

Section 63-1-37 - [Place for stockholders' meeting.] - The meetings of stockholders must be held at the office...

Section 63-1-38 - [Change of principal place of business.] - Every railroad corporation may change its principal place of business...

Section 63-1-39 - [Corporate records; debts of corporation; minutes of all meetings; list of stockholders; stock transfer book.] - The directors must cause a book to be kept by...

Section 63-1-40 - [False entries or reports; liability.] - Any officer of a railroad corporation who wilfully gives a...

Section 63-1-41 - [Annual report to public regulation commission.] - Every railroad corporation must make an annual report to the...

Section 63-1-42 - Change of name. - Any corporation formed under the laws of this state may...