Section 57-11-7 - [Suits or proceedings against violators of act.]

NM Stat § 57-11-7 (2019) (N/A)
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For a violation of any of the provisions of this act [57-11-1 to 57-11-13 NMSA 1978] by any corporation or association mentioned herein, it shall be the duty of the attorney general or the district attorney of the proper county, to institute proper suits or quo warranto proceedings in any court of competent jurisdiction for the forfeiture of its charter rights, franchises or privileges and powers exercised by such corporation or association, and for the dissolution of the same under the general statutes of the state.

History: Laws 1937, ch. 75, § 7; 1941 Comp., § 68-1607; 1953 Comp., § 64-31-7.

Bracketed material. — The bracketed material was inserted by the compiler and is not part of the law.

Cross references. — For proceedings in quo warranto, generally, see 44-3-1 to 44-3-16 NMSA 1978.