Limited Liability Companies | Midpage

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New Mexico Statutes Annotated 1978

19

Limited Liability Companies

State of New Mexico

53-19-1Short title 53-19-2Definitions 53-19-3Name 53-19-4Reservation of name 53-19-5Registered office and registered agent; change of principal place of business 53-19-6Nature and duration of business 53-19-7Formation 53-19-8Articles of organization 53-19-9Filing 53-19-10Effect of filing of articles of organization 53-19-11Amendment and restatement of articles of organization 53-19-12Execution of documents 53-19-13Liability of members and managers to third parties 53-19-14Parties to actions 53-19-15Management by members or managers 53-19-16Liabilities and duties of managers and members 53-19-17Voting 53-19-18Indemnification of members and managers 53-19-19Records and information 53-19-20Contributions to capital; certificates of membership interest 53-19-21Liability for contribution 53-19-22Sharing of profits and losses 53-19-23Sharing of interim distributions 53-19-24Distribution on event of dissociation 53-19-25Withdrawals of capital and distributions in kind 53-19-26Wrongful distributions 53-19-27Liability upon wrongful distribution 53-19-28Right to distribution 53-19-29Ownership of property by the limited liability company 53-19-30Transfer of property of limited liability company 53-19-31Nature of membership interest 53-19-32Assignment of interests 53-19-33Right of assignee to become a member 53-19-34Interest of a deceased, incompetent or terminated member 53-19-35Rights of judgment creditor of member 53-19-36Admission of members 53-19-37Voluntary withdrawal of members 53-19-38Events of dissociation 53-19-39Dissolution 53-19-40Judicial dissolution 53-19-41Articles of dissolution 53-19-42Winding up 53-19-43Power of managers or members after dissolution 53-19-44Distribution of assets 53-19-45Known claims against dissolved limited liability company 53-19-46Unknown claims against dissolved limited liability company 53-19-47Laws governing foreign limited liability company 53-19-48Registration 53-19-49Issuance of registration 53-19-50Name 53-19-51Amended certificate of registration 53-19-52Cancellation of registration 53-19-53Transaction of business without registration 53-19-54Transactions not constituting transacting business 53-19-55Service of process 53-19-56Action by attorney general 53-19-57Suits by and against the limited liability company 53-19-58Authority to sue on behalf of limited liability company 53-19-59Conversions and mergers; definitions 53-19-60Conversions and mergers; conversion of corporation, partnership or limited partnership to limited liability company 53-19-60.1Conversions and mergers; conversion of limited liability company to corporation, partnership or limited partnership 53-19-61Conversions and mergers; effect of conversion 53-19-62Conversions and merger of entities 53-19-62.1Conversion and mergers; articles of merger 53-19-62.2Conversions and mergers; effect of merger 53-19-62.3Conversion and mergers; non-exclusivity 53-19-63Filing, service and copying fees 53-19-64Execution by judicial act 53-19-65Rules of construction 53-19-66Powers of commission [secretary of state]53-19-66.1Administrative revocation 53-19-66.2Reinstatement following administrative revocation 53-19-67Appeal from commission [secretary of state]53-19-68Issuance of certificate of good standing and compliance 53-19-69Certificates and certified copies to be received in evidence 53-19-70Forms furnished by the commission [secretary of state]53-19-71Application to existing limited liability companies 53-19-72Application to foreign and interstate commerce 53-19-73Reservation of power 53-19-74Commission's [secretary of state’s] retention of records