§ 53-10-1 [Purpose of organization; filing statement, articles of association and rules and regulations with county clerk.]
§ 53-10-2 [Property holdings; effect of member’s death on termination of membership; member’s interest not subject to execution.]
§ 53-10-3 [Mortgage or sale of property; method of conveyance.]
§ 53-10-4 [Rules and regulations; subjects; effect.]
§ 53-10-5 [Right to sue and be sued; actions against members.]
§ 53-10-6 Suits against or by unincorporated associations; recovery of judgments
§ 53-10-7 [Maximum term of existence; dissolution; distribution of proceeds of property.]
§ 53-10-8 [Construction of act.]
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Terms Used In New Mexico Statutes > Chapter 53 > Article 10 - Unincorporated Associations

  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Continuance: Putting off of a hearing ot trial until a later time.
  • 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.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
  • 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
  • Personal property: All property that is not real property.
  • Service of process: The service of writs or summonses to the appropriate party.
  • Summons: Another word for subpoena used by the criminal justice system.
  • Trustee: A person or institution holding and administering property in trust.