2017 New Mexico Statutes
Chapter 53 - Corporations
Article 5 - Corporate Reports
Section 53-5-4 - Exempt corporations.

Universal Citation: NM Stat § 53-5-4 (2017)

53-5-4. Exempt corporations.

The following corporations shall be exempt from filing a report pursuant to the Corporate Reports Act:

A. state banks or insurance companies incorporated under the laws of New Mexico;

B. insurance companies which are incorporated under the laws of the United States, other states or foreign countries, and which are licensed to transact business in the state of New Mexico;

C. national banks; and

D. nonprofit corporations.

History: 1953 Comp., 51-21-4, enacted by Laws 1959, ch. 181, 4; 1969, ch. 154, 1; 1977, ch. 103, 4.

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