§ 53-4-1 Definitions
§ 53-4-1.1 Short title
§ 53-4-2 Who may incorporate
§ 53-4-3 Purposes
§ 53-4-4 Powers
§ 53-4-5 Articles of incorporation; contents
§ 53-4-6 Articles of incorporation; filing; recordation; fees
§ 53-4-6.1 Registered office and registered agent
§ 53-4-6.2 Change of registered office or registered agent
§ 53-4-6.3 Service of process on association
§ 53-4-7 Articles of incorporation; amendments; fee
§ 53-4-8 Adoption, amendment, or repeal of by-laws [bylaws]
§ 53-4-9 Contents of by-laws [bylaws]
§ 53-4-9.1 Indemnification of officers and directors
§ 53-4-10 Regular and special meetings
§ 53-4-11 Notice of meeting
§ 53-4-12 Meetings by units of the membership
§ 53-4-13 One member – one vote
§ 53-4-14 No proxy
§ 53-4-15 Voting by mail
§ 53-4-16 Application of voting provisions herein to voting by mail
§ 53-4-17 Application of voting provisions herein to voting by delegates
§ 53-4-18 Directors
§ 53-4-18.1 Duties of directors
§ 53-4-18.2 Liability of directors
§ 53-4-19 Officers
§ 53-4-20 Removal of directors and officers
§ 53-4-21 Referendum
§ 53-4-21.1 Disposition of property
§ 53-4-22 Limitations on interest-dividends
§ 53-4-23 Eligibility and admission to membership
§ 53-4-24 Subscribers
§ 53-4-25 Share and membership certificates; issuance and contents
§ 53-4-26 Transfer of shares and membership; withdrawal
§ 53-4-27 Share and membership certificates; recall
§ 53-4-28 Share and membership certificates; attachment
§ 53-4-29 Liability of members
§ 53-4-30 Expulsion
§ 53-4-31 Allocation and distribution of net savings
§ 53-4-32 Bonding
§ 53-4-33 Books; auditing
§ 53-4-34 Annual report
§ 53-4-35 Notice of delinquent reports; forfeitures; reinstatement
§ 53-4-36 Voluntary dissolution
§ 53-4-37 Use of name “cooperative”; penalty
§ 53-4-38 Promotion expenses; limitations; penalty
§ 53-4-39 Spreading false reports; penalty
§ 53-4-40 Existing cooperative corporations
§ 53-4-41 Foreign corporations
§ 53-4-42 Legality declared; not in restraint of trade
§ 53-4-43 Laws not applicable
§ 53-4-44 Subsequent laws
§ 53-4-45 Taxation

Terms Used In New Mexico Statutes > Chapter 53 > Article 4

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Contract: A legal written agreement that becomes binding when signed.
  • Conviction: A judgement of guilt against a criminal defendant.
  • 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.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • 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.
  • Fiduciary: A trustee, executor, or administrator.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Garnishment: Generally, garnishment is a court proceeding in which a creditor asks a court to order a third party who owes money to the debtor or otherwise holds assets belonging to the debtor to turn over to the creditor any of the debtor
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Indemnification: In general, a collateral contract or assurance under which one person agrees to secure another person against either anticipated financial losses or potential adverse legal consequences. Source: FDIC
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Misdemeanor: Usually a petty offense, a less serious crime than a felony, punishable by less than a year of confinement.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Quorum: The number of legislators that must be present to do business.
  • 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.
  • Statute: A law passed by a legislature.
  • Trustee: A person or institution holding and administering property in trust.