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Current as of January 01, 2024 | Updated by Findlaw Staff
A. An original of articles of dissolution together with a copy, which may be signed, photocopied or conformed, shall be delivered to the secretary of state. If the secretary of state finds that the articles of dissolution conform to law and that the corporation has complied with the Tax Administration Act and has paid all contributions required by the Unemployment Compensation Law, it shall, when all fees have been paid:
(1) endorse on the original and copy the word “filed” and the month, day and year of the filing;
(2) file the original in its office; and
(3) issue a certificate of dissolution to which it shall affix the file-stamped copy.
B. The certificate of dissolution, together with the file-stamped copy of the articles of dissolution affixed to it, shall be returned by the secretary of state to the representative of the dissolved corporation. Upon the issuance of the certificate of dissolution, the existence of the corporation shall cease, except for the purpose of suits, other proceedings and appropriate corporate action by shareholders, directors and officers as provided in the Business Corporation Act.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 53. Corporations § 53-16-12. Filing of articles of dissolution - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-53-corporations/nm-st-sect-53-16-12/
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