There is a newer version of the New Mexico Statutes
2009 New Mexico Statutes
Chapter 53 - Corporations.
Article 18 - Business Corporations; Miscellaneous Provisions
Section 53-18-12 - Reservation of power.
53-18-12. Reservation of power.
The legislature reserves power to amend, repeal or modify all or any part of the Business Corporation Act [Chapter 53, Articles 11 to 18 NMSA 1978] at any time and such changes shall be binding upon all corporations subject to the provisions of the Business Corporation Act.
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