8

Nonprofit Corporations

State of New Mexico

53-8-1Short title 53-8-2Definitions 53-8-3Applicability 53-8-4Purposes 53-8-5General powers 53-8-6Defense of ultra vires 53-8-7Corporate name 53-8-7.1Reserved name 53-8-8Registered office and registered agent 53-8-9Change of registered office or registered agent 53-8-10Service of process on corporation 53-8-11Members 53-8-12Bylaws 53-8-13Meetings of members 53-8-14Notice of members' meetings; waiver 53-8-15Voting 53-8-16Quorum 53-8-17Board of directors 53-8-18Number and election of directors 53-8-18.1RepealedRepealed 53-8-19Vacancy 53-8-20Quorum of directors 53-8-21Committees 53-8-22Directors' meetings 53-8-23Officers 53-8-24Removal of officers 53-8-25Liability 53-8-25.1Duties of directors 53-8-25.2Liability of directors 53-8-25.3Nonprofit corporations; boards of directors; liability; immunity 53-8-26Indemnification of officers and directors 53-8-27Books and records 53-8-28Shares of stock and dividends prohibited; exemption from franchise tax 53-8-29Loans to directors and officers 53-8-30Incorporators 53-8-31Articles of incorporation 53-8-32Filing of articles of incorporation 53-8-33Effect of incorporation 53-8-34Organization meetings 53-8-35Right to amend articles of incorporation 53-8-36Procedure to amend articles of incorporation 53-8-37Articles of amendment 53-8-38Effectiveness of amendment 53-8-39Restated articles of incorporation 53-8-40Procedure for merger 53-8-41Procedure for consolidation 53-8-42Adoption of merger or consolidation 53-8-43Articles of merger or consolidation 53-8-44Effect of merger or consolidation 53-8-45Merger or consolidation of domestic and foreign corporations 53-8-46Sale, lease, exchange or mortgage of assets 53-8-47Voluntary dissolution 53-8-48Distribution of assets 53-8-49Plan of distribution 53-8-50Revocation of voluntary dissolution proceedings 53-8-51Articles of dissolution 53-8-52Filing of articles of dissolution 53-8-53Revocation of certificate of incorporation 53-8-54Issuance of certificate of revocation 53-8-55Jurisdiction of court to liquidate assets and affairs of corporation 53-8-56Procedure in liquidation of corporation by court 53-8-57Qualification of receivers 53-8-58Filing of claims in liquidation proceedings 53-8-59Discontinuance of liquidation proceedings 53-8-60Decree of involuntary dissolution 53-8-61Filing of decree of dissolution 53-8-62Deposits with state treasurer 53-8-63Survival of remedy after dissolution 53-8-64Admission of foreign corporation 53-8-65Powers of foreign corporation 53-8-66Corporate name of foreign corporation 53-8-67Change of name by foreign corporation 53-8-68Application for certificate of authority 53-8-69Filing of application for certificate of authority 53-8-70Effect of [certificate of] authority 53-8-71Registered office and registered agent of foreign corporation 53-8-72Change of registered office or registered agent of foreign corporation 53-8-73Service of process on foreign corporation 53-8-74RepealedRepealed 53-8-75Merger of foreign corporation authorized to conduct affairs in this state 53-8-76Amended certificate of authority 53-8-77Withdrawal of foreign corporation 53-8-78Filing of application for withdrawal 53-8-79Revocation of certificate of authority 53-8-80Issuance of certificate of revocation 53-8-81Conducting affairs without certificate of authority 53-8-82Annual report 53-8-83Filing of annual report; initial report; supplemental report; extension of time 53-8-84RepealedRepealed 53-8-85Fees for filing documents and issuing certificates 53-8-86Recordkeeping 53-8-86.1Fees of secretary of state; dishonored check; civil penalty; suspension of filing 53-8-87Miscellaneous charges 53-8-88Penalty imposed upon corporation 53-8-88.1Dormant corporations; statement in lieu of annual report 53-8-89Reports; affirmation; penalty 53-8-90Authority to make refunds 53-8-91Appeal from commission [secretary of state]53-8-92Issuance of certificate of good standing and compliance 53-8-93Certificates and certified copies to be received in evidence 53-8-94Forms to be furnished by corporation commission [secretary of state]53-8-95Greater voting requirements 53-8-96Waiver of notice 53-8-97Action by members or directors without a meeting 53-8-98Unauthorized assumption of corporate powers 53-8-99Effect of repeal of prior acts