§ 45-7-105 Registration; qualification of foreign trustee

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Terms Used In New Mexico Statutes > Chapter 45 > Article 7 > Part 1

  • 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.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Trustee: A person or institution holding and administering property in trust.