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Section 53-4-39 - Spreading false reports; penalty.

NM Stat § 53-4-39 (2019) (N/A)
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Any person, firm, corporation or association which maliciously and knowingly spreads false reports about the management or finances of any association shall be guilty of a misdemeanor and be subject to a fine of not less than one hundred dollars ($100.00) and not more than five hundred dollars ($500.00) for each such offense.

History: Laws 1939, ch. 164, § 39; 1941 Comp., § 54-1439; 1953 Comp., § 51-15-39.

Am. Jur. 2d, A.L.R. and C.J.S. references. — 18B Am. Jur. 2d Corporations §§ 1885, 1887, 1888, 2130.

19 C.J.S. Corporations § 543.

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Section 53-4-40 - Existing cooperative corporations.