New Mexico Statutes
§ 62-15-22 — Nonliability of members for debts of cooperative
New Mexico § 62-15-22
This text of New Mexico § 62-15-22 (Nonliability of members for debts of cooperative) 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. § 62-15-22 (2026).
Text
The private property of the members of a cooperative shall be exempt from execution for the debts of the cooperative and no member shall be liable or responsible for any debts of the cooperative.
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Legislative History
Laws 1939, ch. 47, § 22; 1941 Comp., § 48-422; 1953 Comp., § 45-4-22.
Nearby Sections
15
§ 62-1-1
[Incorporation.]§ 62-1-1.1
Foreign corporations; powers§ 62-1-5
[General powers.]§ 62-1-7
[Applicability.]§ 62-10-10
Depositions§ 62-10-11
Certified copies; evidence§ 62-10-12
Recording orders§ 62-10-13
Fees§ 62-10-14
Decisions§ 62-10-15
RepealedCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 62-15-22, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/62/62-15-22.