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§ 76-12-13 NMSA 1978

General and special meeting; how called

Known as the Cooperative Marketing Association Act

The act spans §§ 76–76 (23 sections).

Laws 1937, ch. 152, § 13; 1941 Comp., § 48-1313; 1953 Comp., § 45-14-13.

One or more regular meetings shall be held annually in such places, as the bylaws may stipulate. The board of directors shall have the right to call a special meeting at any time; and ten (10%) percent of the members may file a petition stating the specific business to be brought before the association and demand a special meeting at any time. Such meeting must thereupon be called by the directors. Notice of all meetings, together with a statement of the purposes thereof, shall be mailed to each member at least ten days prior to the meeting, or if provided by the bylaws, all notices may be given by publication in a house organ of general circulation among the members.

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.