§ 53-16-1 Voluntary dissolution by incorporators
§ 53-16-2 Voluntary dissolution by consent of shareholders
§ 53-16-3 Voluntary dissolution by act of corporation
§ 53-16-4 Filing statement of intent to dissolve
§ 53-16-5 Effect of statement of intent to dissolve
§ 53-16-6 Procedure after filing of statement of intent to dissolve
§ 53-16-7 Revocation of voluntary dissolution proceedings by consent of shareholders
§ 53-16-8 Revocation of voluntary dissolution proceedings by act of corporation
§ 53-16-9 Filing statement of revocation of voluntary dissolution proceedings
§ 53-16-10 Effect of statement of revocation of voluntary dissolution proceedings
§ 53-16-11 Articles of dissolution
§ 53-16-12 Filing of articles of dissolution
§ 53-16-13 Involuntary dissolution
§ 53-16-14 Notification to attorney general
§ 53-16-15 Venue and process
§ 53-16-16 Jurisdiction of court to liquidate assets and business of corporation
§ 53-16-17 Procedure in liquidation of corporation by court
§ 53-16-18 Qualifications of receivers
§ 53-16-19 Filing of claims in liquidation proceedings
§ 53-16-20 Discontinuance of liquidation proceedings
§ 53-16-21 Decree of involuntary dissolution
§ 53-16-22 Filing of decree of dissolution
§ 53-16-23 Deposit with state treasurer of amount due certain shareholders
§ 53-16-24 Survival of remedy after dissolution

Terms Used In New Mexico Statutes > Chapter 53 > Article 16 - Business Corporations; Dissolution of Corporations

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • 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.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fraud: Intentional deception resulting in injury to another.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Oath: A promise to tell the truth.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
  • Summons: Another word for subpoena used by the criminal justice system.