New Mexico Statutes 53-18-11. Application to foreign and interstate commerce
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The provisions of the Business Corporation Act apply to commerce with foreign nations and among the several states only insofar as permitted under the provisions of the constitution of the United States.
Terms Used In New Mexico Statutes 53-18-11
- 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.