New Mexico Statutes
§ 62-2-12 — [Commencement of business within one year.]
New Mexico § 62-2-12
JurisdictionNew Mexico
Ch. 62Electric, Gas and Water Utilities
Art. 2Incorporation and Powers of Waterworks
This text of New Mexico § 62-2-12 ([Commencement of business within one year.]) 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. § 62-2-12 (2026).
Text
If any corporation formed under this article shall not organize and commence the transaction of its business within one year from the time of filing its articles of incorporation, its corporate powers shall cease.
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Legislative History
Laws 1887, ch. 12, § 13; C.L. 1897, § 480; Code 1915, § 1038; 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
RepealedCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 62-2-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/62/62-2-12.