New Mexico § 63-1-13 - Election and term of directors
Full text of New Mexico New Mexico Statutes Annotated § 63-1-13 — Election and term of directors, with citation guidance and answers to common questions.
§ 63-1-13. Election and term of directors
The directors named in the articles of incorporation shall hold their offices for
one year from and after the date of the filing of said articles as provided in Section 63-1-6 NMSA 1978, or until their successors are elected and qualified; thereafter, directors
must be elected annually by the stockholders at such time as may be provided in the
bylaws of the corporation: provided, that, if no time be fixed in the bylaws, such
elections shall be had on the first Wednesday in July of each year.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 63-1-13
What does New Mexico Statutes Annotated § 63-1-13 cover?
Section 63-1-13 ("Election and term of directors") is part of the New Mexico Statutes Annotated, the codified statutory law of New Mexico. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Mexico § 63-1-13?
A common citation format is "New Mexico Statutes Annotated § 63-1-13" (New Mexico). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Mexico law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Mexico official source linked on this page or consult a licensed New Mexico attorney.
How does New Mexico § 63-1-13 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Mexico can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Mexico.