New Mexico Statutes

§ 53-19-6 — Nature and duration of business

New Mexico·Ch. 53 Corporations·Art. 19 Limited Liability Companies
A limited liability company may conduct or promote any lawful business or purpose. If the purpose for which a limited liability company is organized makes it subject to provisions of other laws, the limited liability company shall also be subject to such provisions. The duration of existence of a limited liability company may be perpetual or may be limited to a definite term or until completion of a particular undertaking.

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Legislative History

Laws 1993, ch. 280, § 6.

Nearby Sections

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