New Mexico § 53-4-13 One member - one vote

New Mexico Statutes

§ 53-4-13 — One member - one vote

New Mexico § 53-4-13

Ch. 53Corporations

Art. 4Cooperative Associations

This text of New Mexico § 53-4-13 (One member - one vote) 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. § 53-4-13 (2026).

Text

Each member of an association shall have one and only one vote, except that, where an association has, as members, other associations, or groups organized on a cooperative basis, the voting rights of such member associations or groups may be prescribed in the article or by-laws [bylaws]. No voting agreement or other device to evade the one member-one vote rule shall be enforceable at law or in equity.

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Each member of an association shall have one and only one vote, except that, where an association has, as members, other associations, or groups organized on a cooperative basis, the voting rights of such member associations or groups may be prescribed in the article or by-laws [bylaws]. No voting agreement or other device to evade the one member-one vote rule shall be enforceable at law or in equity.