Any person, firm or corporation violating any provision of Sections 77-9-41 through 77-9-50 N.M. Stat. Ann. is guilty of a misdemeanor and shall be punished as prescribed by law.

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Terms Used In New Mexico Statutes 77-9-49

  • 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.