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A limited liability company may conduct or promote any lawful business or purpose. ?If the purpose for which a limited liability company is organized makes it subject to provisions of other laws, the limited liability company shall also be subject to such provisions. ?The duration of existence of a limited liability company may be perpetual or may be limited to a definite term or until completion of a particular undertaking.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 53. Corporations § 53-19-6. Nature and duration of business - last updated May 06, 2021 | https://codes.findlaw.com/nm/chapter-53-corporations/nm-st-sect-53-19-6/
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