Five or more natural persons, or two or more cooperatives, may organize a cooperative in the manner hereinafter provided.
§ 62-15-5 NMSA 1978
Incorporators
Known as the Rural Electric Cooperative Act
The act spans §§ 62–62 (41 sections).
Laws 1939, ch. 47, § 5; 1941 Comp., § 48-405; 1953 Comp., § 45-4-5.
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.