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2020 New Mexico Statutes
Chapter 53 - Corporations
Article 8 - Nonprofit Corporations
Section 53-8-57 - Qualification of receivers.
Universal Citation: NM Stat § 53-8-57 (2020)
A receiver shall in all cases be a citizen of the Unites [United] States or a corporation for profit authorized to act as receiver, which corporation may be a domestic corporation or a foreign corporation authorized to transact business in New Mexico and shall in all cases give bond as the court may direct with sureties as the court may require.
History: 1953 Comp., § 51-14-99, enacted by Laws 1975, ch. 217, § 57.
ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
Am. Jur. 2d, A.L.R. and C.J.S. references. — 19 C.J.S. Corporations § 773.
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