2017 New Mexico Statutes
Chapter 53 - Corporations
Article 19 - Limited Liability Companies
Section 53-19-59 - Conversions and mergers; definitions.
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D. "limited partnership" means a limited partnership created under the Uniform Limited Partnership Act [repealed], a predecessor law or comparable law of another jurisdiction;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 [54-1-47 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.
History: 1978 Comp., 53-19-59, enacted by Laws 1995, ch. 213, 7.
