There is a newer version
of
this Section
2017 New Mexico Statutes
Chapter 63 - Railroads and Communications
Article 1 - Organization and Management of Railroads
Section 63-1-5 - Affidavit stating amount of stock subscribed and amount paid.
Universal Citation: NM Stat § 63-1-5 (2017)
63-1-5. [Affidavit stating amount of stock subscribed and amount paid.]
There must be securely attached to said articles of incorporation, an affidavit of the treasurer named therein, that the requisite amount of the capital stock of the intended corporation has been actually subscribed, and that ten percent thereof has been actually paid to him for the benefit of said corporation, stating the amount of stock subscribed, and the amount actually paid in.
History: Laws 1878, ch. 1, ch. [tit.] 1, 5; C.L. 1884, 2626; C.L. 1897, 3808; Code 1915, 4657; C.S. 1929, 116-105; 1941 Comp., 74-105; 1953 Comp., 69-1-5.
Disclaimer: These codes may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
