New Mexico § 62-2-9 [Transfer of shares.]

New Mexico Statutes

§ 62-2-9 — [Transfer of shares.]

New Mexico § 62-2-9

Ch. 62Electric, Gas and Water Utilities

Art. 2Incorporation and Powers of Waterworks

This text of New Mexico § 62-2-9 ([Transfer of shares.]) 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. § 62-2-9 (2026).

Text

The stock of the company shall be deemed personal estate, and shall be transferrable [transferable] in such manner as shall be prescribed by the bylaws of the company; but no transfer shall be valid except between the parties thereto, until the same shall be so entered on the books of the company as to show the names of the parties by and to whom transferred, the number and designation of the shares and the date of transfer.

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The stock of the company shall be deemed personal estate, and shall be transferrable [transferable] in such manner as shall be prescribed by the bylaws of the company; but no transfer shall be valid except between the parties thereto, until the same shall be so entered on the books of the company as to show the names of the parties by and to whom transferred, the number and designation of the shares and the date of transfer.