Section 62-15-6 - Articles of incorporation. - New Mexico Statutes

62-15-6. Articles of incorporation.

A.     The articles of incorporation of a cooperative shall recite in the caption that they are executed pursuant to this act [62-15-1 to 62-15-32 NMSA 1978], shall be signed and acknowledged by each of the incorporators and shall state:   

(1)     the name of the cooperative;   

(2)     the address of its principal office;   

(3)     the names and addresses of the incorporators;   

(4)     the names and addresses of the persons who shall constitute its first board of trustees; and   

(5)     any provisions not inconsistent with this act deemed necessary or advisable for the conduct of its business and affairs.   

B.     Such articles of incorporation shall be submitted to the state corporation commission [public regulation commission] for filing as provided in this act.   

C.     It shall not be necessary to set forth in the articles of incorporation of a cooperative the purpose for which it is organized or any of the corporate powers vested in a cooperative under this act.