§ 53-20-1 Short title
§ 53-20-2 Definitions
§ 53-20-3 Certificate of authority; necessity to obtain to transact business; what constitutes not transacting business
§ 53-20-4 Name of foreign business trust
§ 53-20-5 Prohibited change of name; penalties
§ 53-20-6 Application for certificate of authority
§ 53-20-7 Issuance of certificate of authority
§ 53-20-8 Changes and amendments
§ 53-20-9 Registered office and registered agent; requirement of maintenance in state
§ 53-20-10 Registered office and registered agent; change;
§ 53-20-11 Service of process
§ 53-20-12 Certificate of withdrawal; application and filing
§ 53-20-13 Certificate of withdrawal; issuance
§ 53-20-14 Certificate of authority; revocation; causes
§ 53-20-15 Certificate of authority; revocation procedure
§ 53-20-16 Consequences of transacting business without authority
§ 53-20-17 Fees
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Terms Used In New Mexico Statutes > Chapter 53 > Article 20 - Foreign Business Trust Administration

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • 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.
  • 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.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Personal property: All property that is not real property.
  • Service of process: The service of writs or summonses to the appropriate party.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Trustee: A person or institution holding and administering property in trust.