New Mexico Statutes 30-36-2. Definitions
Current as of: 2024 | Check for updates
|
Other versions
As used in the Worthless Check Act:
Terms Used In New Mexico Statutes 30-36-2
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
A. “check” means any check, draft or written order for money; B. “person” means any person, firm or corporation;
C. “draw” means the making, drawing, uttering or delivering a check;
D. “thing of value” includes money, property, services, goods and wares; and lodging;
E. “credit” means an arrangement or understanding with the drawer for the payment of the check.