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Current as of January 01, 2024 | Updated by FindLaw Staff
Where no other provision is especially made by this chapter, a railroad corporation may, by its bylaws, provide for:
A. the time, place and manner of calling and conducting the meetings of its directors and stockholders;
B. the number of stockholders constituting a quorum at meetings of stockholders;
C. the mode of voting by proxy at meetings of stockholders;
D. the time for holding annual elections for directors and the mode and manner of giving notice thereof;
E. the compensation and duties of officers;
F. the manner of election and the tenure of office of all officers other than the directors;
G. suitable fines for violation of bylaws, not exceeding in any case one hundred dollars ($100) for any one offense; and
H. the mode and manner of collecting assessments, except as otherwise provided in this chapter.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 63. Railroads and Communications § 63-1-10. Contents of bylaws - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-63-railroads-and-communications/nm-st-sect-63-1-10/
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