New Mexico Statutes 58-12-15. Corporation; investments
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Except as herein provided, any or all of the corporation funds may be invested by the board only in cash, securities or investments which are legal.
Terms Used In New Mexico Statutes 58-12-15
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.