Section 53-19-73 – Reservation of power.
The legislature reserves power to amend, repeal or modify all or any part of the Limited Liability Company Act at any time and such changes shall be binding upon all limited liability companies and foreign limited liability companies subject to the provisions of the Limited Liability Company Act. History: Laws 1993, ch. 280, § 73.
Section 53-19-74 – Commission’s [secretary of state’s] retention of records.
The commission [secretary of state] shall provide, pursuant to the provisions of the Public Records Act [Chapter 14, Article 3 NMSA 1978], for the retention, storage and destruction of any documents filed with the commission [secretary of state]. History: Laws 1993, ch. 280, § 74. ANNOTATIONS Bracketed material. — The bracketed material was inserted by […]
Section 53-19-68 – Issuance of certificate of good standing and compliance.
The commission [secretary of state] may issue a certificate of good standing and compliance for a limited liability company or foreign limited liability company registered to transact business in New Mexico. If the person requesting the issuance of any such certificate is the limited liability company which is the subject of the certificate, the commission […]
Section 53-19-69 – Certificates and certified copies to be received in evidence.
All certificates issued by the commission [secretary of state] in accordance with the provisions of the Limited Liability Company Act and all copies of documents filed in its office in accordance with the provisions of the Limited Liability Company Act, when certified by it, shall be taken and received in all courts, public offices and […]
Section 53-19-70 – Forms furnished by the commission [secretary of state].
Forms for all documents to be filed in the office of the commission [secretary of state] may be furnished by the commission [secretary of state] on request therefor, but the use thereof, unless otherwise specifically prescribed by law, is not mandatory. History: Laws 1993, ch. 280, § 70. ANNOTATIONS Bracketed material. — The bracketed material […]
Section 53-19-71 – Application to existing limited liability companies.
The provisions of the Limited Liability Company Act apply to all existing foreign limited liability companies which have obtained a certificate of authority to transact business in New Mexico issued pursuant to provisions of the Business Corporation Act [Chapter 53, Articles 11 to 18 NMSA 1978]. Any such limited liability company shall reapply for registration […]
Section 53-19-72 – Application to foreign and interstate commerce.
The provisions of the Limited Liability Company Act apply to commerce with foreign nations and among the several states only insofar as permitted under the provisions of the constitution of the United States. History: Laws 1993, ch. 280, § 72.
Section 53-19-62 – Conversions and merger of entities.
A. Pursuant to a plan of merger approved under Subsection C of this section, a limited liability company may be merged with or into one or more limited liability companies, foreign limited liability companies, corporations, foreign corporations, partnerships, foreign partnerships, limited partnerships, foreign limited partnerships or other domestic or foreign entities. B. A plan of […]
Section 53-19-62.1 – Conversion and mergers; articles of merger.
A. After approval of the plan of merger under Subsection C of Section 53-19-62 NMSA 1978, unless the merger is abandoned under Subsection D of Section 53-19-62 NMSA 1978, articles of merger must be signed on behalf of each limited liability company and other entity that is a party to the merger and delivered to […]
Section 53-19-62.2 – Conversions and mergers; effect of merger.
A. When a merger takes effect: (1) the separate existence of each limited liability company and other entity that is a party to the merger, other than the surviving entity, terminates; (2) all property owned by each of the limited liability companies and other entities that are party to the merger vests in the surviving […]