The provisions of the general business corporation laws of this state and all powers and rights thereunder shall apply to the associations organized hereunder, except where such provisions are inconsistent with the express provisions of this act [76-12-1 to 76-12-23 NMSA 1978].
History: Laws 1937, ch. 152, § 21; 1941 Comp., § 48-1321; 1953 Comp., § 45-14-21.
Cross references. — For Business Corporation Act, see Chapter 53, Articles 11 to 18 NMSA 1978 NMSA 1978.
Compiler's notes. — For similar provision in earlier act, see Laws 1925, ch. 99, § 17.
Am. Jur. 2d, A.L.R. and C.J.S. references. — 18 Am. Jur. 2d Cooperative Associations § 12.
Structure New Mexico Statutes
Article 12 - Cooperative Marketing Associations
Section 76-12-1 - Short title.
Section 76-12-2 - Declaration of policy.
Section 76-12-3 - Definitions.
Section 76-12-4 - Who may organize.
Section 76-12-7 - Articles of incorporation.
Section 76-12-8 - Filing and recording articles of incorporation.
Section 76-12-9 - Amendments to articles of incorporation.
Section 76-12-12 - Issuance of membership certificates and stock.
Section 76-12-13 - General and special meeting; how called.
Section 76-12-14 - Directors; election.
Section 76-12-16 - Contracts between associations and members.
Section 76-12-17 - Associations heretofore organized may adopt the provisions of this act.
Section 76-12-18 - Associations are not in restraint of trade.
Section 76-12-19 - Quo warranto to test validity of incorporation.
Section 76-12-21 - Application of general corporation laws.