2011 New Mexico Statutes
Chapter 53: Corporations
Article 5: Corporate Reports, 53-5-1 through 53-5-10
Section 53-5-4: Exempt corporations.
53-5-4. Exempt corporations.
The following corporations shall be exempt from filing a report pursuant to the Corporate Reports Act [Chapter 53, Article 5 NMSA 1978]:
A. state banks or insurance companies incorporated under the laws of New Mexico;
B. insurance companies which are incorporated under the laws of the United States, other states or foreign countries, and which are licensed to transact business in the state of New Mexico;
C. national banks; and
D. nonprofit corporations.
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