STATE STATUTES & CODES

NEW MEXICO STATUTES AND CODES

Article 4 - Cooperative Associations, 53-4-1 through 53-4-45.

• Section 53-4-1 - Definitions.
• Section 53-4-1.1 - Short title.
• Section 53-4-2 - Who may incorporate.
• Section 53-4-3 - Purposes.
• Section 53-4-4 - Powers.
• Section 53-4-5 - Articles of incorporation; contents.
• Section 53-4-6 - Articles of incorporation; filing; recordation; fees.
• Section 53-4-6.1 - Registered office and registered agent.
• Section 53-4-6.2 - Change of registered office or registered agent.
• Section 53-4-6.3 - Service of process on association.
• Section 53-4-6.4 - Recompiled.
• Section 53-4-7 - Articles of incorporation; amendments; fee.
• Section 53-4-8 - Adoption, amendment, or repeal of by-laws [bylaws]
• Section 53-4-9 - Contents of by-laws [bylaws]
• Section 53-4-9.1 - Indemnification of officers and directors.
• Section 53-4-10 - Regular and special meetings.
• Section 53-4-11 - Notice of meeting.
• Section 53-4-12 - Meetings by units of the membership.
• Section 53-4-13 - One member - one vote.
• Section 53-4-14 - No proxy.
• Section 53-4-15 - Voting by mail.
• Section 53-4-16 - Application of voting provisions herein to voting by mail.
• Section 53-4-17 - Application of voting provisions herein to voting by delegates.
• Section 53-4-18 - Directors.
• Section 53-4-18.1 - Duties of directors.
• Section 53-4-18.2 - Liability of directors.
• Section 53-4-18.3 - Repealed.
• Section 53-4-19 - Officers.
• Section 53-4-20 - Removal of directors and officers.
• Section 53-4-21 - Referendum.
• Section 53-4-21.1 - Disposition of property.
• Section 53-4-22 - Limitations on interest-dividends.
• Section 53-4-23 - Eligibility and admission to membership.
• Section 53-4-24 - Subscribers.
• Section 53-4-25 - Share and membership certificates; issuance and contents.
• Section 53-4-26 - Transfer of shares and membership; withdrawal.
• Section 53-4-27 - Share and membership certificates; recall.
• Section 53-4-28 - Share and membership certificates,[;] attachment.
• Section 53-4-29 - Liability of members.
• Section 53-4-30 - Expulsion.
• Section 53-4-31 - Allocation and distribution of net savings.
• Section 53-4-32 - Bonding.
• Section 53-4-33 - Books; auditing.
• Section 53-4-34 - Annual report.
• Section 53-4-35 - Notice of delinquent reports; forfeitures; reinstatement.
• Section 53-4-36 - Voluntary dissolution.
• Section 53-4-37 - Use of name "cooperative"; penalty.
• Section 53-4-38 - Promotion expenses; limitations; penalty.
• Section 53-4-39 - Spreading false reports; penalty.
• Section 53-4-40 - Existing cooperative corporations.
• Section 53-4-41 - Foreign corporations.
• Section 53-4-42 - Legality declared; not in restraint of trade.
• Section 53-4-43 - Laws not applicable.
• Section 53-4-44 - Subsequent laws.
• Section 53-4-45 - Taxation.

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