2011 New Mexico Statutes
Chapter 53: Corporations
Article 19: Limited Liability Companies, 53-19-1 through 53-19-74
Section 53-19-10: Effect of filing of articles of organization.
53-19-10. Effect of filing of articles of organization.
A. A limited liability company is formed when the articles of organization are filed with the commission or at any later date or time specified in the articles of organization if there has been substantial compliance with the requirements of the Limited Liability Company Act [Chapter 53, Article 19 NMSA 1978]. A limited liability company formed pursuant to the Limited Liability Company Act is a separate legal entity.
B. Each copy of the articles of organization stamped "filed" and marked with the filing date is conclusive evidence that there has been substantial compliance with all conditions required to be performed by the organizers and that the limited liability company has been legally organized and formed pursuant to the Limited Liability Company Act.
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