New Mexico Statutes

§ 53-16-13 — Involuntary dissolution

New Mexico·Ch. 53 Corporations·Art. 16 Business Corporations; Dissolution of Corporations

A corporation may be dissolved involuntarily by a decree of the district court of Santa Fe county in an action filed by the attorney general when it is established that the corporation: A. procured its articles of incorporation through fraud; or B. has continued to exceed or abuse the authority conferred upon it by law.

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New Mexico § 53-16-13 (Involuntary dissolution) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

1953 Comp., § 51-29-13, enacted by Laws 1967, ch. 81, § 91.

Nearby Sections

15

§ 53-10-1

[Purpose of organization; filing statement, articles of

§ 53-10-2

[Property holdings; effect of member's death on

§ 53-10-3

[Mortgage or sale of property; method of conveyance.]

§ 53-10-4

[Rules and regulations; subjects; effect.]

§ 53-10-5

[Right to sue and be sued; actions against members.]

§ 53-10-6

Suits against or by unincorporated associations; recovery

§ 53-10-7

[Maximum term of existence; dissolution; distribution of

§ 53-10-8

[Construction of act.]

§ 53-11-1

§ 53-11-10

Renewal of registered name

§ 53-11-11

Registered office and registered agent

§ 53-11-12

Failure to appoint and maintain registered agent; penalty;

§ 53-11-13

Change of registered office or registered agent

§ 53-11-14

Service of process on corporation

§ 53-11-15

Authorized shares

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