New Mexico Statutes
§ 62-2-11 — [Increase or decrease of capital stock.]
The capital stock of any such corporation may be increased or diminished at any meeting of the stockholders, but may only be done by a two-thirds vote of all the shares of stock, but in no case shall the capital stock be reduced below the outstanding indebtedness and liabilities of the corporation.
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New Mexico § 62-2-11 ([Increase or decrease of capital stock.]) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Laws 1887, ch. 12, § 12; C.L. 1897, § 479; Code 1915, § 1037; C.S. 1929, §
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
Repealed