New Mexico § 53-8-25 Liability

New Mexico Statutes

§ 53-8-25 — Liability

New Mexico § 53-8-25

Ch. 53Corporations

Art. 8Nonprofit Corporations

This text of New Mexico § 53-8-25 (Liability) 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. § 53-8-25 (2026).

Text

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

15

§ 53-10-1

[Purpose of organization; filing statement, articles of

§ 53-10-2

[Property holdings; effect of member's death on

§ 53-10-3

[Mortgage or sale of property; method of conveyance.]

§ 53-10-4

[Rules and regulations; subjects; effect.]

§ 53-10-5

[Right to sue and be sued; actions against members.]

§ 53-10-6

Suits against or by unincorporated associations; recovery

§ 53-10-7

[Maximum term of existence; dissolution; distribution of

§ 53-10-8

[Construction of act.]

§ 53-11-1

Short title

§ 53-11-10

Renewal of registered name

§ 53-11-11

Registered office and registered agent

§ 53-11-12

Failure to appoint and maintain registered agent; penalty;

§ 53-11-13

Change of registered office or registered agent

§ 53-11-14

Service of process on corporation

§ 53-11-15

Authorized shares

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Bluebook (online)

New Mexico § 53-8-25, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/53/53-8-25.