A. Upon revoking a certificate of authority, the commission [secretary of state] shall: (1)     issue a certificate of revocation in duplicate;

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Terms Used In New Mexico Statutes 53-8-80

  • 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.

(2)     file one of the certificates in its office; and

(3)     mail to the corporation at the corporation’s mailing address as shown in the most recent annual report filed with the commission [secretary of state], a notice of the revocation accompanied by one of the certificates.

B. Upon the issuance of a certificate of revocation, the authority of the corporation to conduct affairs in New Mexico ceases.