2021 New Mexico Statutes
Chapter 53 - Corporations
Article 18 - Business Corporations; Miscellaneous Provisions
Section 53-18-11 - Application to foreign and interstate commerce.
The provisions of the Business Corporation Act apply to commerce with foreign nations and among the several states only insofar as permitted under the provisions of the constitution of the United States.
History: 1953 Comp., § 51-31-10, enacted by Laws 1967, ch. 81, § 131.ANNOTATIONS
Compiler's notes. — This section is derived from Section 148 of the ABA Model Business Corporation Act.