§ 62-2-1 Companies for supplying water; articles of incorporation
§ 62-2-2 [Contents of articles of incorporation.]
§ 62-2-3 Filing of articles; certified copies
§ 62-2-4 [General powers.]
§ 62-2-5 [Additional powers.]
§ 62-2-6 [Directors; qualifications; election.]
§ 62-2-7 [Quorum in directors’ meeting.]
§ 62-2-8 [Meetings of directors.]
§ 62-2-9 [Transfer of shares.]
§ 62-2-10 [Subscriptions to stock; payment; notice of assessment;
§ 62-2-11 [Increase or decrease of capital stock.]
§ 62-2-12 [Commencement of business within one year.]
§ 62-2-13 [Voluntary dissolution.]
§ 62-2-14 [Powers of directors after dissolution.]
§ 62-2-15 [Borrowing money; bonds; mortgages.]
§ 62-2-16 Eminent domain
§ 62-2-17 [Construction of works; eminent domain.]
§ 62-2-18 Acquiring land of minors and incapacitated persons
§ 62-2-19 [Use of materials on state lands.]
§ 62-2-20 [Corporations for serving cities and towns; rights and privileges.]
§ 62-2-21 [Corporations for serving cities and towns; laying mains in streets; service.]
§ 62-2-22 [Irrigation companies; restrictions on use of water.]
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Terms Used In New Mexico Statutes > Chapter 62 > Article 2 - Incorporation and Powers of Waterworks

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • 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.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.