New Mexico § 53-8-7.1 Reserved name

New Mexico Statutes

§ 53-8-7.1 — Reserved name

New Mexico § 53-8-7.1

Ch. 53Corporations

Art. 8Nonprofit Corporations

This text of New Mexico § 53-8-7.1 (Reserved name) 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. § 53-8-7.1 (2026).

Text

A. The exclusive right to the use of a corporate name may be reserved by:

(1)any person intending to organize a corporation under the Nonprofit Corporation Act;

(2)any domestic corporation intending to change its name;

(3)any foreign corporation intending to make application for a certificate of authority to conduct affairs in this state;

(4)any foreign corporation authorized to conduct affairs in this state and intending to change its name; or (5) any person intending to organize a foreign corporation and intending to have such corporation make application for a certificate of authority to conduct affairs in this state. B. The reservation shall be made by filing with the commission [secretary of state] an application to reserve a specified corporate name, executed by the applicant. If

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A. The exclusive right to the use of a corporate name may be reserved by: (1) any person intending to organize a corporation under the Nonprofit Corporation Act; (2) any domestic corporation intending to change its name; (3) any foreign corporation intending to make application for a certificate of authority to conduct affairs in this state; (4) any foreign corporation authorized to conduct affairs in this state and intending to change its name; or (5) any person intending to organize a foreign corporation and intending to have such corporation make application for a certificate of authority to conduct affairs in this state. B. The reservation shall be made by filing with the commission [secretary of state] an application to reserve a specified corporate name, executed by the applicant. If the commission [secretary of state] finds that the name is available for corporate use, it shall reserve the name for the exclusive use of the applicant for a period of one hundred twenty days. C. The right to the exclusive use of a specified corporate name so reserved may be transferred to any other person or corporation by filing in the office of the commission [secretary of state] a notice of transfer, executed by the applicant for whom the name was reserved, and specifying the name and address of the transferee.