Section 53-8-37 - Articles of amendment.

NM Stat § 53-8-37 (2019) (N/A)

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The articles of amendment shall be executed by the corporation by two authorized officers of the corporation and shall set forth:

A. the name of the corporation;

B. the amendment so adopted;

C. if there are members entitled to vote thereon:

(1) a statement setting forth the date of the meeting of members at which the amendment was adopted, that a quorum was present at the meeting and that the amendment received at least two-thirds of the votes that members present at the meeting or represented by proxy were entitled to cast; or

(2) a statement that the amendment was adopted by a consent in writing signed by all members entitled to vote with respect thereto; and

D. if there are no members, or no members entitled to vote thereon, a statement of such fact, the date of the meeting of the board of directors at which the amendment was adopted and a statement of the fact that the amendment received the vote of a majority of the directors in office.

History: 1953 Comp., § 51-14-79, enacted by Laws 1975, ch. 217, § 37; 2003, ch. 318, § 13.

The 2003 amendment, effective July 1, 2003, in the introductory paragraph, deleted "in duplicate" following "shall be executed" and substituted "two authorized officers of the corporation" for "its president or a vice president and by its secretary or an assistant secretary" following "the corporation by".

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Section 53-8-36 - Procedure to amend articles of incorporation.

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Section 53-8-38 - Effectiveness of amendment.