N.M. Stat. § 53-18-9

Current through 2024, ch. 69

Section 53-18-9 - Unauthorized assumption of corporate powers

All persons who assume to act as a corporation without authority to do so are jointly and severally liable for all debts and liabilities incurred or arising as a result thereof.

NMS § 53-18-9

1953 Comp., § 51-31-8, enacted by Laws 1967, ch. 81, § 129.