Section 63-1-10 - Contents of bylaws. - New Mexico Statutes

63-1-10. [Contents of bylaws.]

Where no other provision is especially made by this chapter, a railroad corporation may, by its bylaws, provide for:   

A.     the time, place and manner of calling and conducting the meetings of its directors and stockholders;   

B.     the number of stockholders constituting a quorum at meetings of stockholders;   

C.     the mode of voting by proxy at meetings of stockholders;   

D.     the time for holding annual elections for directors and the mode and manner of giving notice thereof;   

E.     the compensation and duties of officers;   

F.     the manner of election and the tenure of office of all officers other than the directors;   

G.     suitable fines for violation of bylaws, not exceeding in any case one hundred dollars [($100)] for any one offense; and   

H.     the mode and manner of collecting assessments, except as otherwise provided in this chapter.