2017 New Mexico Statutes
Chapter 53 - Corporations
Article 8 - Nonprofit Corporations
Section 53-8-86.1 - Fees of secretary of state; dishonored check; civil penalty; suspension of filing.

Universal Citation: NM Stat § 53-8-86.1 (2017)

53-8-86.1. Fees of secretary of state; dishonored check; civil penalty; suspension of filing.

A. Any person or corporation that pays a fee by check to the secretary of state, which check is dishonored upon presentation, is liable to the secretary for such fees together with a civil penalty of twenty dollars ($20.00) for each such check.

B. The secretary of state shall not accept for filing any document, instrument or paper from a person or corporation that is liable to the secretary for a fee, tax, penalty or interest until that liability is discharged.

History: 1978 Comp., 53-8-86.1, enacted by Laws 1979, ch. 180, 3; 1993, ch. 311, 9; 2015, ch. 66, 9.

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