There is a newer version of the New Mexico Statutes
2011 New Mexico Statutes
Chapter 53: Corporations
Article 19: Limited Liability Companies, 53-19-1 through 53-19-74
Section 53-19-40: Judicial dissolution.
NM Stat § 53-19-40 (1996 through 1st Sess 50th Legis) What's This?
53-19-40. Judicial dissolution.
On application by or for a member, a court may decree dissolution of a limited liability company whenever it is not reasonably practicable to carry on its business in conformity with its articles of organization or operating agreement.
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