Learn About The Law
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Current as of January 01, 2024 | Updated by Findlaw Staff
In order to be eligible to receive a license, a company shall:
A. be incorporated or otherwise organized and in good standing in this state or incorporated or otherwise organized in another state, qualified to do business in this state and in good standing in this state and in the state of incorporation;
B. comply with all of the requirements of the laws of this state pertaining to the company;
C. maintain a ledger in the principal office of the company in this state, which shall:
(1) at all times reflect the ownership according to company records of every class of security issued by the company; and
(2) be available for inspection by the board at all reasonable times without notice; and
D. file notice of all changes of ownership of all classes of securities issued by the company with the board within thirty days of the change.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 60. Business Licenses § 60-2E-18. Eligibility requirements for companies - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-60-business-licenses/nm-st-sect-60-2e-18/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
A free source of state and federal court opinions, state laws, and the United States Code. For more information about the legal concepts addressed by these cases and statutes, visit FindLaw’s Learn About the Law.
Get help with your legal needs
FindLaw’s Learn About the Law features thousands of informational articles to help you understand your options. And if you’re ready to hire an attorney, find one in your area who can help.
Search our directory by legal issue
Enter information in one or both fields (Required)