US Laws, Codes, Statutes & Cases

53-19-59. Conversions and mergers; definitions.

As used in Sections 53-19-59 through 53-19-62.3 NMSA 1978:   

A.     "corporation" means an organization incorporated under the laws of New Mexico or a foreign corporation;   

B.     "general partner" means a partner in a partnership and a general partner in a limited partnership;   

C.     "limited partner" means a limited partner in a limited partnership;   

D.     "limited partnership" means a limited partnership created under the Uniform Limited Partnership Act [Chapter 54, Article 2 NMSA 1978], a predecessor law or comparable law of another jurisdiction;   

E.     "partner" includes a general partner and a limited partner;   

F.     "partnership" means a general partnership under the Uniform Partnership Act [Chapter 54, Article 1 NMSA 1978], a predecessor law or comparable law of another jurisdiction;   

G.     "partnership agreement" means an agreement among the partners concerning the partnership or limited partnership; and   

H.     "shareholder" means a shareholder in a corporation.