New Mexico Statutes
§ 54-1A-106 — Governing law
New Mexico § 54-1A-106
This text of New Mexico § 54-1A-106 (Governing law) 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. § 54-1A-106 (2026).
Text
(a)Except as otherwise provided in Subsection (b) of this section, the law of the jurisdiction in which a partnership has its chief executive office governs the relations among the partners and the partnership.
(b)The law of this state governs relations among the partners and between the partners and the partnership and the liability of partners for an obligation of a limited liability partnership.
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Legislative History
Laws 1996, ch. 53, § 106; 1997, ch. 76, § 3.
Nearby Sections
15
§ 54-1-48
Repealed§ 54-1A-1001
Statement of qualification§ 54-1A-1002
Statement of qualification; name§ 54-1A-1003
Annual report§ 54-1A-101
Definitions§ 54-1A-102
Knowledge and notice§ 54-1A-103
Effect of partnership agreement; nonwaivable§ 54-1A-104
Supplemental principles of law§ 54-1A-106
Governing law§ 54-1A-1102
Statement of foreign qualification§ 54-1A-1103
Effect of failure to qualifyCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 54-1A-106, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/54/54-1A-106.