§ 49-2-1 [Powers granted to certain community land grant corporations.]
§ 49-2-2 Corporate powers enumerated
§ 49-2-3 Board of trustees; corporate powers; election
§ 49-2-4 [Judges of election; appointment; notice of election; ballots;
§ 49-2-5 [Vacancies in board; filling.]
§ 49-2-6 [Majority of board constitutes quorum; acts binding.]
§ 49-2-7 [Regular meetings of board; sale of community lands;
§ 49-2-8 [Special meetings; business to be transacted; calling.]
§ 49-2-9 [Selection of officers; rules; duties of secretary.]
§ 49-2-10 [Resolutions for disposition of common lands; effective date; binding effect.]
§ 49-2-11 [Protests against disposition of common lands; election.]
§ 49-2-12 [Compensation of trustees.]
§ 49-2-13 [Lands held in private ownership.]
§ 49-2-14 [Lands improperly claimed in private ownership;
§ 49-2-15 [Trespass on common lands or waters; jurisdiction of courts; injunction.]
§ 49-2-16 [Conveyances; effect.]
§ 49-2-17 Definition of terms; right to vote or hold office
§ 49-2-18 Conversion of corporations organized under Laws 1891, Chapter 86 into general corporations
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Terms Used In New Mexico Statutes > Chapter 49 > Article 2 - Corporations for Management of Community Land

  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Quorum: The number of legislators that must be present to do business.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.
  • Trustee: A person or institution holding and administering property in trust.