Current through 2024, ch. 69
Section 53-8-3 - ApplicabilityA. The provisions of the Nonprofit Corporation Act relating to domestic corporations apply to: (1) all corporations organized under that act; and(2) all nonprofit corporations organized under any acts repealed by the Nonprofit Corporation Act, for a purpose or purposes for which a corporation might be organized under that act.B. The provisions of the Nonprofit Corporation Act relating to foreign corporations apply to all foreign nonprofit corporations conducting affairs in New Mexico for a purpose or purposes for which a corporation might be organized under that act.1953 Comp., § 51-14-45, enacted by Laws 1975, ch. 217, § 3.