New Mexico Statutes
§ 72-16-53 — Incontestable recital in securities
New Mexico § 72-16-53
This text of New Mexico § 72-16-53 (Incontestable recital in securities) 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. § 72-16-53 (2026).
Text
Any resolution authorizing, or other instrument appertaining to, any securities hereunder may provide that each security therein authorized shall recite that it is issued under authority hereof. Such recital shall conclusively impart full compliance with all of the provisions hereof, and all securities issued containing such recital shall be incontestable for any cause whatsoever after their delivery for value.
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Legislative History
1953 Comp., § 75-36-53, enacted by Laws 1963, ch. 311, § 53.
Nearby Sections
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Natural waters; public§ 72-1-12
Indian water rights settlement fund§ 72-1-2.5
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[Traveler's use of water.]Cite This Page — Counsel Stack
Bluebook (online)
New Mexico § 72-16-53, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/72/72-16-53.