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§ 53-19-47 NMSA 1978

Laws governing foreign limited liability company

Known as the Limited Liability Company Act

The act spans §§ 53–53 (80 sections).

Laws 1993, ch. 280, § 47.

A. Subject to the constitution of New Mexico, the laws of the state or other jurisdiction under which a foreign limited liability company is organized shall govern its organization and internal affairs and the liability of its managers and members.

B. A foreign limited liability company may not be denied registration by reason of any difference between the laws of the state and other jurisdictions under which it was organized and the laws of New Mexico.

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.