New Mexico Statutes

§ 53-8-25 — Liability

New Mexico·Ch. 53 Corporations·Art. 8 Nonprofit Corporations
The directors, officers, employees and members of the corporation shall not be personally liable for the corporation's obligations.

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Legislative History

1953 Comp., § 51-14-67, enacted by Laws 1975, ch. 217, § 25.

Nearby Sections

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