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New Mexico Statutes Chapter 53. Corporations § 53-16-13. Involuntary dissolution

Current as of January 01, 2024 | Updated by Findlaw Staff

A corporation may be dissolved involuntarily by a decree of the district court of Santa Fe county in an action filed by the attorney general when it is established that the corporation:

A. procured its articles of incorporation through fraud; or

B. has continued to exceed or abuse the authority conferred upon it by law.

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Cite this article: FindLaw.com - New Mexico Statutes Chapter 53. Corporations § 53-16-13. Involuntary dissolution - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-53-corporations/nm-st-sect-53-16-13/

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