United States — New Mexico
NMSA 53-19-60. Conversions and mergers; conversion of corporation,
1 provisions
Corporations, partnerships, and limited partnerships may convert to a limited liability company under this section.
Esheria Regulatory Atlas
Company formation, governance, directors, ownership, filings, and corporate obligations. These records come from release legal-2026.07.26-907 and link directly to stored legal text.
1,209 matching statutes
United States — New Mexico
1 provisions
Corporations, partnerships, and limited partnerships may convert to a limited liability company under this section.
United States — New Mexico
1 provisions
A company authorized to do business in the state that does not pay a final judgment within 30 days after it is entered can forfeit its right to do business.
United States — New Mexico
1 provisions
The attorney general may bring an action to recover civil penalties and stop a foreign limited liability company from doing business in New Mexico if it is violating the Limited Liability Company Act.
United States — New Mexico
1 provisions
An application for a certificate must be written, in the director’s form, sworn, supported by required records, and accompanied by a $1,000 fee.
United States — New Mexico
1 provisions
The superintendent must deposit collected monies in certain banks or trust companies, and may place them in a national bank or trust company as a trust fund.
United States — New Mexico
1 provisions
The department must license a private patrol operations manager if the applicant meets the listed requirements, and a manager who leaves employment must surrender the license and trigger a 30-day notification and replacement process.
United States — New Mexico
1 provisions
The governor may appoint railroad-company-designated persons as peace officers, but they cannot be used for strikes or labor troubles.
United States — New Mexico
1 provisions
The new corporation is entitled to the same rights, franchises, and powers as a railroad company under state general laws.
United States — New Mexico
1 provisions
Transportation network companies and their drivers are not subject to the Motor Carrier Act, and drivers do not have to register a personal vehicle as a commercial vehicle or vehicle for hire.
United States — New Mexico
1 provisions
A limited liability company may merge with certain other entities if the plan of merger is approved and the merger articles are filed.
United States — New Mexico
1 provisions
Insurance companies may only acquire eligible investments that meet specified income, default, and benefit conditions, and they may not buy securities above fair market value.
United States — New Mexico
1 provisions
A person who violates certain Escrow Company Act sections is guilty of a misdemeanor and must be sentenced under the Criminal Sentencing Act.
United States — New Mexico
1 provisions
Private investigation companies and private patrol companies must keep a general liability certificate of insurance in the amount required by the department.
United States — New Mexico
1 provisions
Transportation network companies may not connect drivers to passengers unless the vehicle meets specified safety conditions, and they must inspect vehicles before use and at least annually.
United States — New Mexico
1 provisions
Telephone companies must get a commission certificate before starting covered telephone plant or system construction or operation, unless a listed exception applies.
United States — New Mexico
1 provisions
Several listed persons are exempt from all provisions of the Mortgage Loan Company Act.
United States — New Mexico
1 provisions
This section says life-loss indemnity is paid according to the beneficiary designation, or to the insured’s estate if none is effective, and other unpaid indemnities at death may be paid to the beneficiary or estate at the insurer’s option.
United States — New Mexico
1 provisions
The director may adopt regulations, make agreements with bank supervisory agencies, use outside examination reports, share examiners, conduct joint or separate examinations and enforcement actions, and set fee provisions in regulations.
United States — New Mexico
1 provisions
This section allows certain out-of-state bank holding companies to buy assets and liabilities of a New Mexico bank only if specified bidding and receiver conditions are met.
United States — New Mexico
1 provisions
Public adjusters must use written contracts with required terms, give disclosures, and follow rescission and refund rules; the insured has a 3-business-day right to cancel.