If a statement in the application for certificate of authority of a foreign business trust was false when made or any arrangements or other facts described have changed, making the application inaccurate in any respect, the foreign business trust shall promptly file with the public regulation commission [secretary of state] a certificate, signed by an authorized person, correcting the statement, together with the fee required by Section 98 [99] [53-20-17 NMSA 1978] of the Foreign Business Trust Registration Act.
History: Laws 2001, ch. 200, § 90.
Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
Laws 2013, ch. 75, § 9 provided that as of July 1, 2013, the secretary of state, pursuant to N.M. const., Art. 11, § 19, shall assume responsibility for chartering corporations as provided by law, including the performance of the functions of the former corporations bureau of the public regulation commission, and that except for Subsection D of 53-5-8 NMSA 1978, references to the "public regulation commission", "state corporation commission" or "commission" shall be construed to be references to the secretary of state. See 8-4-7 NMSA 1978.
The reference to "Section 98" in this section appears to be misnumbered due to sections added and removed in the legislative process and not updated in this reference. The numbering should read "Section 99".
Effective dates. — Laws 2001, ch. 200, § 101 made the Foreign Business Trust Registration Act effective July 1, 2001.
Structure New Mexico Statutes
Article 20 - Foreign Business Trust Administration
Section 53-20-1 - Short title.
Section 53-20-2 - Definitions.
Section 53-20-4 - Name of foreign business trust.
Section 53-20-5 - Prohibited change of name; penalties.
Section 53-20-6 - Application for certificate of authority.
Section 53-20-7 - Issuance of certificate of authority.
Section 53-20-8 - Changes and amendments.
Section 53-20-9 - Registered office and registered agent; requirement of maintenance in state.
Section 53-20-10 - Registered office and registered agent; change; resignation of registered agent.
Section 53-20-11 - Service of process.
Section 53-20-12 - Certificate of withdrawal; application and filing.
Section 53-20-13 - Certificate of withdrawal; issuance.
Section 53-20-14 - Certificate of authority; revocation; causes.
Section 53-20-15 - Certificate of authority; revocation procedure.
Section 53-20-16 - Consequences of transacting business without authority.