The legislature reserves power to amend, repeal or modify all or any part of the Business Corporation Act at any time and such changes shall be binding upon all corporations subject to the provisions of the Business Corporation Act.
§ 53-18-12 NMSA 1978
Reservation of power
1953 Comp., § 51-31-11, enacted by Laws 1967, ch. 81, § 132.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.