New Mexico Statutes 57-5-17. [Existing contracts to be filed with public regulation commission.]
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Attested copies of all contracts for motion pictures now in force in competitive situations shall be filed with the corporation commission [public regulation commission] within thirty days after this act becomes effective, and hereafter when competition begins in any town or city all existing contracts for motion pictures shall be immediately filed with the corporation commission [public regulation commission] by the exhibitors, and the provisions of this act N.M. Stat. Ann. § 57-5-1 to 57-5-22 shall apply to the new competitors as of the day he or they begin to function or acquire motion pictures in or for the new competitive situation.
Terms Used In New Mexico Statutes 57-5-17
- 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.