There Is a Newer Version
of
the New Mexico Statutes
2011 New Mexico Statutes
Chapter 62: Electric, Gas and Water Utilities
Article 2: Incorporation and Powers of Waterworks, 62-2-1 through 62-2-22
Section 62-2-12: Commencement of business within one year.
Universal Citation:
NM Stat § 62-2-12 (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.
62-2-12. [Commencement of business within one year.]
If any corporation formed under this article shall not organize and commence the transaction of its business within one year from the time of filing its articles of incorporation, its corporate powers shall cease.
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