§ 6-16-1 Short title
§ 6-16-2 Definitions
§ 6-16-3 Validation
§ 6-16-4 Effect and limitations
§ 6-16-5 Construction

Terms Used In New Mexico Statutes > Chapter 6 > Article 16 - Public Securities Validation

  • 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.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.