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New Mexico Statutes Annotated 1978

4

Cooperative Associations

State of New Mexico

53-4-1Definitions 53-4-1.1Short title 53-4-2Who may incorporate 53-4-3Purposes 53-4-4Powers 53-4-5Articles of incorporation; contents 53-4-6Articles of incorporation; filing; recordation; fees 53-4-6.1Registered office and registered agent 53-4-6.2Change of registered office or registered agent 53-4-6.3Service of process on association 53-4-7Articles of incorporation; amendments; fee 53-4-8Adoption, amendment, or repeal of by-laws [bylaws]53-4-9Contents of by-laws [bylaws]53-4-9.1Indemnification of officers and directors 53-4-10Regular and special meetings 53-4-11Notice of meeting 53-4-12Meetings by units of the membership 53-4-13One member - one vote 53-4-14No proxy 53-4-15Voting by mail 53-4-16Application of voting provisions herein to voting by mail 53-4-17Application of voting provisions herein to voting by delegates 53-4-18Directors 53-4-18.1Duties of directors 53-4-18.2Liability of directors 53-4-19Officers 53-4-20Removal of directors and officers 53-4-21Referendum 53-4-21.1Disposition of property 53-4-22Limitations on interest-dividends 53-4-23Eligibility and admission to membership 53-4-24Subscribers 53-4-25Share and membership certificates; issuance and contents 53-4-26Transfer of shares and membership; withdrawal 53-4-27Share and membership certificates; recall 53-4-28Share and membership certificates; attachment 53-4-29Liability of members 53-4-30Expulsion 53-4-31Allocation and distribution of net savings 53-4-32Bonding 53-4-33Books; auditing 53-4-34Annual report 53-4-35Notice of delinquent reports; forfeitures; reinstatement 53-4-36Voluntary dissolution 53-4-37Use of name "cooperative"; penalty 53-4-38Promotion expenses; limitations; penalty 53-4-39Spreading false reports; penalty 53-4-40Existing cooperative corporations 53-4-41Foreign corporations 53-4-42Legality declared; not in restraint of trade 53-4-43Laws not applicable 53-4-44Subsequent laws 53-4-45Taxation