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New Mexico Statutes 49-4-20. Failure of trustee to perform duties; penalty

New Mexico Statutes > Chapter 49 > Article 4 > § 49-4-20 - Failure of trustee to perform duties; penalty


Current as of: 2010

Any member of the board of trustees who fails or refuses to perform any of the duties required to be performed by the board of trustees of the land grant-merced by Chapter 49, Article 4 NMSA 1978 or by any other law of New Mexico is guilty of a misdemeanor and upon conviction shall be punished by a fine of not less than twenty-five dollars ($25.00) nor more than one hundred dollars ($100) or by imprisonment in the county jail for a period of not less than thirty days nor more than ninety days, or both.

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Questions & Answers: Real Estate

I was informed at our annual condominium meeting last night that there is a new law regarding quorum when voting for trustees. In our by-laws 72% of the quorum must be met. We were...
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New Mexico Laws: Real Estate

New Mexico Statutes Chapter 42A - Condemnation Proceedings
New Mexico Statutes Chapter 47 - Property Law
New Mexico Statutes Chapter 49 - Land Grants
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