New Mexico § 53-17-15 Withdrawal of foreign corporation

New Mexico Statutes

§ 53-17-15 — Withdrawal of foreign corporation

New Mexico § 53-17-15

Ch. 53Corporations

Art. 17Business Corporations; Foreign Corporations

This text of New Mexico § 53-17-15 (Withdrawal of foreign corporation) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

N.M. Stat. Ann. § 53-17-15 (2026).

Text

A. A foreign corporation authorized to transact business in this state may withdraw from this state upon procuring from the secretary of state a certificate of withdrawal. In order to procure the certificate of withdrawal, the foreign corporation shall deliver to the secretary of state an application for withdrawal, which shall set forth:

(1)the name of the corporation and the state or country under the laws of which it is incorporated;

(2)a statement that the corporation is not transacting business in this state;

(3)a statement that the corporation surrenders its authority to transact business in this state;

(4)a statement that the corporation revokes the authority of its registered agent in this state to accept service of process and consents that service of process in an action, sui

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A. A foreign corporation authorized to transact business in this state may withdraw from this state upon procuring from the secretary of state a certificate of withdrawal. In order to procure the certificate of withdrawal, the foreign corporation shall deliver to the secretary of state an application for withdrawal, which shall set forth: (1) the name of the corporation and the state or country under the laws of which it is incorporated; (2) a statement that the corporation is not transacting business in this state; (3) a statement that the corporation surrenders its authority to transact business in this state; (4) a statement that the corporation revokes the authority of its registered agent in this state to accept service of process and consents that service of process in an action, suit or proceeding based upon a cause of action arising in this state during the time the corporation was authorized to transact business in this state may thereafter be made on the corporation by service thereof on the secretary of state; (5) an address to which the secretary of state may mail a copy of a process against the corporation that may be served on it; (6) a statement of the aggregate number of shares that the corporation has authority to issue, itemized by class and by series, if any, within each class, as of the date of the application; (7) a statement of the aggregate number of issued shares, itemized by class and by series, if any, within each class, as of the date of the application; (8) a statement confirming that the corporation has resigned as a registered agent or is not currently a registered agent for any entity registered in New Mexico; and (9) additional information as necessary or appropriate in order to enable the secretary of state to determine and assess any unpaid fees payable by the foreign corporation. B. The application for withdrawal shall be made on forms prescribed by the secretary of state or on forms containing substantially the same information as forms prescribed by the secretary of state and shall be executed by the corporation by an authorized officer of the corporation or, if the corporation is in the hands of a receiver or trustee, shall be executed on behalf of the corporation by the receiver or trustee.