There Is a Newer Version
of
the New Mexico Statutes
2011 New Mexico Statutes
Chapter 53: Corporations
Article 16: Business Corporations; Dissolution of Corporations, 53-16-1 through 53-16-24
Section 53-16-13: Involuntary dissolution.
Universal Citation:
NM Stat § 53-16-13 (1996 through 1st Sess 50th Legis)
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This media-neutral citation is based
on the American Association of Law Libraries Universal Citation Guide and is not
necessarily the official citation.
53-16-13. Involuntary dissolution.
A corporation may be dissolved involuntarily by a decree of the district court of Santa Fe county in an action filed by the attorney general when it is established that the corporation:
A. procured its articles of incorporation through fraud; or
B. has continued to exceed or abuse the authority conferred upon it by law.
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