New Mexico Statutes

§ 63-1-21 — [Transfer of shares sold for assessment.]

New Mexico·Ch. 63 Railroads and Communications·Art. 1 Organization and Management of Railroads

All shares sold for assessments, as provided in Section 63-1-19 NMSA 1978 shall be transferred to the purchaser on the transfer book of the corporation on payment of the assessment and costs.

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Legislative History

Laws 1878, ch. 1, ch. [tit.] 5, § 3; C.L. 1884, § 2657; C.L. 1897, § 3839; Code

Nearby Sections

15

§ 63-1-1

[Formation of corporations.]

§ 63-1-10

[Contents of bylaws.]

§ 63-1-11

[Book of bylaws; public inspection; amendment and repeal

§ 63-1-12

[Management by board of directors; number; quorum;

§ 63-1-13

[Election and term of directors.]

§ 63-1-14

[Ballots; majority required; voting rights.]

§ 63-1-15

[Directors' organization meeting; officers; majority.]

§ 63-1-16

[Meetings of directors; call; notice.]

§ 63-1-17

[Removal of directors; call and notice of meetings; filling

§ 63-1-18

[Declaring dividends; restrictions; liability of directors.]

§ 63-1-19

[Calls for installment payment of subscriptions; notice of

§ 63-1-2

[Articles of incorporation.]

§ 63-1-20

[Assessment remaining unpaid; requirements for new

§ 63-1-21

[Transfer of shares sold for assessment.]

§ 63-1-22

[Purchase by corporation of stock sold for assessments;

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