New Mexico Statutes
§ 53-5-4 — Exempt corporations
The following corporations shall be exempt from filing a report pursuant to the Corporate Reports Act: A. state banks or insurance companies incorporated under the laws of New Mexico; B. insurance companies which are incorporated under the laws of the United States, other states or foreign countries, and which are licensed to transact business in the state of New Mexico; C. national banks; and D. nonprofit corporations.
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Legislative History
1953 Comp., § 51-21-4, enacted by Laws 1959, ch. 181, § 4; 1969, ch. 154, §
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[Construction of act.]§ 53-11-1
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Authorized shares